India: Tencent invests $400m in Uber-rival Ola

Ola co-founder and CEO Bhavish Aggarwal (left) poses with an Ola driver. Source: Ola website

Amidst reports of Uber rival Ola raising a $2 billion round,  Chinese internet giant Tencent has invested $400 million in the  ride-hailing major, according to a report in The Economic Times.

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