Technology

SoftBank Invests In Uber Competitors

Posted on January 21, 2015

If you live in the U.S., the chances are that your definition of the biggest rival to Uber is Lyft. The ride-sharing service operates in many of the same U.S. cities as Uber, and the two have a keen rivalry, which includes some less-than-ethical practices on both sides. But a new, less obvious, force has emerged out of Asia to offer Uber its stiffest competition yet: and surprisingly it is a telecom company.

Full story at techcrunch.com.

Related Topics: Global operators, industry trends, international, investment, mobile technology, on-demand service, technology, Uber

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