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Monday, August 3, 2015

China state fund CIC invests in taxi app Didi Kuaidi: source

BEIJING (Reuters) - China's sovereign wealth fund has invested an unspecified amount in Didi Kuaidi, China's dominant ride-hailing app which is competing against U.S. firm Uber Technologies, a person with knowledge of the matter said on Tuesday.


from Reuters: Technology News http://ift.tt/1P0se61

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