China's Baidu plans up to $600m investment in Uber to rival Tencent and Alibaba

Alibaba and Tencent have invested in local taxi-hailing apps Kuaidi Dache and Didi Dache, respectively.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1yHsYbc December 12, 2014 at 04:57PM http://ift.tt/eA8V8J