Ola, Didi Kuaidi, Lyft and GrabTaxi have entered into a strategic alliance for a global rideshare partnership between the four companies.
This is an extension of the strategic partnership between Lyft and Didi Kuaidi, earlier in September. Together, these companies now cover nearly all of Southeast Asia, India, China and the United States, reaching nearly 50% of the world’s population. Joint partner products will start rolling out in Q1 2016 (Didi has invested in Ola).
Through this global alliance, the companies will collaborate and leverage each other’s technology, local market knowledge, and business resources so that international travelers can seamlessly access local on-demand rides by using the same application they use at home.
Each country will handle mapping, routing and payments through a secure API, providing the best global experience for the millions of travelers that cross between India, Southeast Asia, China and the U.S. every year.
This international expansion follows rapid growth for each company in 2015:
- Ola is India’s popular mobile platform for personal transportation, available in 102 cities across the country. With more than 350,000 vehicles registered on its platform, Ola receives over a million booking requests a day.
[Read : Ola Vs Uber : Who Is Winning In India?]
- Didi is the world’s largest one-stop mobile-based transportation platform providing 7 million rides per day across 360 Chinese cities. Didi holds an 83% market share in private car hailing and a dominant position in all other verticals including taxi hailing, bus, and corporate services.
- Lyft is the fastest-growing rideshare service in the Unites States, completing 7 million rides per month in more than 190 cities.
- GrabTaxi is the leading ride-hailing platform in Southeast Asia with up to 1.5 million daily bookings across six countries. GrabTaxi offers the widest range of options in one mobile app including taxis, motorcycle taxis, private cars, carpooling and deliveries.
Collectively, Ola, Didi, Lyft and GrabTaxi have raised more than $7 billion. As the local leaders, Didi, GrabTaxi, and Lyft will provide Ola passengers traveling to China, SE Asia and the U.S. with unparalleled ease, convenience, and reliability.
The anti-Uber gang, you see !