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Uber's Chinese Rival Didi Kuaidi Quietly Backs Its US Rival Lyft - Wall Street Journal

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Wall Street Journal

Uber's Chinese Rival Didi Kuaidi Quietly Backs Its US Rival Lyft
Wall Street Journal
China's homegrown ride-hailing service has opened a new front in its battle with global industry leader Uber Technologies Inc. by backing Uber's biggest U.S. rival, Lyft Inc. In a funding round that closed in May, Didi Kuaidi Joint Co. invested in Lyft ...
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