Didi Kuaidi controls over 80 per cent of the car-hailing market on the Chinese mainland. The start-up, born of a merger in February between China's top two rival taxi-hailing apps, is now believed to be worth around US$ 16 billion. Photo: EPA

Didi Kuaidi grabs China's first internet car-booking licence from Shanghai while rival Uber sets up local company in city's FTZ

Topic |   Future of transport

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Didi Kuaidi controls over 80 per cent of the car-hailing market on the Chinese mainland. The start-up, born of a merger in February between China's top two rival taxi-hailing apps, is now believed to be worth around US$ 16 billion. Photo: EPA
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