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Chinese changemakers are on the rise — East Asia Forum
Author: Mark Greeven, Zhejiang University In August 2016 Chinese taxi hailing platform Didi Chuxing acquired Uber China after closing several investments with Baidu, Alibaba, Tencent (BAT), Apple, Foxconn and China Investment Corp. These impressive investments totalled US$1 billion, with the market valuation reaching US$35 billion. Didi Chuxing now lays claim to 300 million users, 10…
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