Ola takes ride-hailing duel with Uber to Australia and beyond

Indian company stages overseas offensive as US rival penetrates home market

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Ola signaled its global ambitions when it procured $1.1 billion from Tencent and other investors in October.

AKIRA HAYAKAWA, Nikkei staff writer

MUMBAI -- As the fight for Indian market share intensifies between Uber Technologies of the U.S. and homegrown rival Ola, the two ride-hailing companies with vaulting global ambitions are poised to replicate their battle elsewhere, starting with Australia.

Ola, whose investors include Chinese web services giant Tencent Holdings as well as Japanese tech and investment powerhouse SoftBank Group, announced its expansion to Australia on Tuesday.

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