China is likely to surpass the United States as Uber's largest market by the end of this year, the company said in Beijing on Wednesday.
China's ride-hailing and ride-sharing app Didi said on Wednesday that it was among a group of investors channeling 500 million U.S. dollars into Indian ride-sharing app Ola.
Chinese ride-hailing firm Didi has been licensed by the Shanghai Municipal Transport Commission for private-car booking services, in an apparent easing of tension between regulators and ride-on-demand operators.
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