The investment will help*Uber challenge its main China rivals — Tencent-backed Didi Dache and Alibaba-backed Kuaidi Dache After initial rumours last week, Chinese Internet giant*Baidu has today announced an undisclosed strategic investment in car-hailing app Uber, an investment that Bloomberg earlier reported could be worth up to US$600 million. Uber just recently earmarked part of...
The post Baidu helps Uber take on China with estimated US$600M strategic investment appeared first on e27.
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The post Baidu helps Uber take on China with estimated US$600M strategic investment appeared first on e27.
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