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Major internet events in 2016

(chinadaily.com.cn) Updated: 2016-11-14 06:57

Ride-hailing rivals Didi and Uber join forces

Didi Chuxing, the dominant ride-hailing service provider in China, announced plans to acquire the Chinese arm of rival Uber Technologies in August.

The deal will see the competitors become small shareholders in each other's business.

Major internet events in 2016

A cartoon illustrating the merger of Didi Chuxing and Uber's China operation. [Photo/IC]

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