Friday, 6 October 2017

Tencent invests $400 million in Ola for 9.57% stake

BENGALURU: Chinese internet conglomerate Tencent has invested $400 million in ride-hailing major Ola in a deal that will take the total capital mobilised by the Bengaluru-based company in the last 12 months to $800 million. Singapore-based Copper Technology Pte Ltd will take a 9.

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via Tencent invests $400 million in Ola for 9.57% stake

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