Indian cab-hailing company Ola raises US$36M to fight close rival Uber

Software giant Microsoft is also in talks to invest between US$50 million and US$100 million in Ola 

Uber China's last 3 days as Didi replaces app

Instead of usual promotions, Uber users are greeted with a notice that the app will shut down on November 27 

Uber China launches more local app features after Didi acquisition

This marks the company's first major move after the acquisition 

Asia's startup community: you'll be represented in Olympic Torch Relay

She is a leader in Asia's ride-sharing economy, has taken on Uber, and now Jean Liu will represent Asian tech in Brazil 

Record Breaking: Ant Financial raises highest-ever tech funding round in US$4.5 billion Series B

The money will be used to enhance technology in an effort to expand across rural China and facilitate globalisation 

Uber launches new project, to ‘win’ China by cutting costs in a spending war

How a city more famous for pandas has become a strategic center as Uber takes on China 

Uber and war with clones

While Uber pioneered the concept of on-demand taxi-hailing, the idea was cloned by many smart entrepreneurs globally. Tracxn takes a look at these clones through an infographic 

China hint green-light for ride-sharing apps but with stipulations

Both Uber and Didi Kuaidi follow the model of raising a ton of cash, only to burn a significant chunk of it subsidising drivers 

Didi Kuaidi closes in on raising US$1B at US$20B valuation

The deal comes a week after Uber CEO Travis Kalanick said his company is losing over US$1 billion per year to compete in China 

[Update] Sleepless in Seattle: GrabTaxi opens engineering office in US

The office will work in conjunction with similar facilities in Beijing and Singapore; headed by two men with ties to the Seattle area