In India, there might be no Uber left very soon[1]: > This rivalry has been less welcome to Japanese technology giant SoftBank, which holds large stakes in bot

In India, there might be no Uber left very soon[1]: > This rivalry has been less welcome to Japanese technology giant SoftBank, which holds large stakes in both Uber and Ola. Encouraged by their common shareholder, the pair have held talks on a potential merger, according to people with direct knowledge of the discussions. That move would create a business controlling almost the entire Indian ride-hailing market, which last year had revenue of at least $2.1bn, according to RedSeer Consulting. The same will probably happen in Latin America, where Didi bought 99 taxis, a Brazilian-based ride hailing company that it is specifically focused on dominating the region[2]. In the long run, I expect Uber as a brand to exist only in English-speaking markets. [1] https://www.ft.com/content/af3aab5c-52d6-11e8-b3ee-41e0209208ec https://www.ft.com/content/af3aab5c-52d6-11e8-b3ee-41e020920... [2] https://www.bloomberg.com/news/articles/2018-01-03/didi-buys-99-taxis-igniting-fight-with-uber-in-latin-america https://www.bloomberg.com/news/articles/2018-01-03/didi-buys...