Alibaba-Backed Kuaidi Challenges Uber in China

Alibaba-Backed Kuaidi Challenges Uber in China Play

July 7 (Bloomberg) -- Hangzhou Kuaidi Technology Co., a taxi-booking service backed by Alibaba Group Holding Ltd., is adding luxury cars in China to boost revenue as it steps up its challenge to Uber Technologies Inc. Bloomberg’s Lulu Chen reports on “The Pulse.” (Source: Bloomberg)

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