Uber reportedly in talks over Ola merger deal

www.ft.com

The FT: "According to two people with direct knowledge of the talks, Uber and Ola, which is also backed by SoftBank, have held a series of discussions in recent months to explore a possible combination. They said the talks were at an early stage but that an agreement could be reached within the next few months."

But -- Uber's CEO has said that the Grab deal will be the last exit consolidation, following previous deals in China and Russia.

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