China taxi-booking apps: Road war
High-powered alliances are forming in China’s mobile taxi-booking space around Kuaidi Dache and Didi Dache as part the ongoing battle between the big internet companies. What does it mean for VC investors?
Venture capital investors compare the current battle in China's mobile taxi-booking space to a skirmish in the 1950-1953 Korean War. There was a conflict between the north and south - see Alibaba Group...
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