Its World vs Uber: Ola ties up with 3 of the world’s largest taxi hailing apps!

World’s largest taxi hailing apps, including Ola, are doing everything to stop Uber’s bandwagon.

India-based Ola, China-based Didi Kuaidi, US’ Lyft and Malaysia-based GrabTaxi have entered into a partnership to counter Uber.

This move will allow passengers to book rides on any of these services using just one app!

This means if an Ola customer who travels to China, South East Asia, or the US, can book a taxi using the same app.

All this effort by the world’s best taxi aggregators is to tackle the global reach of their main rival-Uber.

"This will be a win for the diversity and vitality of the global ridesharing industry," said Cheng Wei, CEO of Didi Kuaidi.

Ola, Didi Kuaidi, and Grab-Taxi have SoftBank’s backing, while Lyft has funding from Alibaba.

As per reports, joint partner products will start rolling out in Q1 of 2016 and each country will handle mapping, routing and payments through a secure system across countries.

Meanwhile, Uber plans to invest $1 billion India and expand its services. Uber operates in 57 countries, with an estimated value of more than $40 billion.

(Image: thinkstock)