SoftBank’s Uber deal may put India rival Ola in an awkward spot

SoftBank’s Uber deal may put India rival Ola in an awkward spot

Photo: Ola website

A proposed investment by SoftBank Group Corp. in cab-hailing service Uber Technologies Inc. may put rival Ola (ANI Technologies Ltd) in an awkward spot as its largest shareholder and only strategic investor would then own a large stake in its main competitor.

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