Venture-backed Chinese ride share company Didi Kuaidi has invested an undisclosed amount in India's Ola, a local ride share start-up. The investment is part of Ola's latest financing round, which is reportedly US$500 million and values the start-up at US$5 billion. Didi Kuaidi's investment is around US$30 million, according to local Indian media. Didi Kuaidi […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.