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Don’t miss the latest developments in business and finance.
'Would never acquire a loss-making business': Ola CEO on merger with Uber
The Covid-19 pandemic has hurt the transportation industry. But Ola said it is one of the most profitable ride-hailing companies in the world with a strong balance sheet
SoftBank adds new twist to Ola-Uber rivalry
The investor could pave the way for a merger between Ola and Uber as it wouldn't want the two rivals to use its money to cannibalise one another
