Uber Rivals Form International Alliance
Uber Technologies Inc.’s biggest rivals around the world are banding together to launch a counterattack by linking their apps and effectively creating an international ride-hailing service.
San Francisco startup Lyft Inc. and Chinese startup Didi Kuaidi Joint Co. said Wednesday they have formed an alliance to allow users of each app to hail rides from drivers of the other app while they are traveling to the other country. Didi also said it has invested $100 million in Lyft. Details