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August 24, 2016 China Regulator Says Didi, Uber Deal Will Need Mofcom Approval
A merger between Chinese ride-hailing firm Didi Chuxing and the China unit of US rival Uber could face its first hiccup after China’s commerce ministry (Mofcom) said on Tuesday it had not received a necessary application to allow the deal to go ahead. Didi’s acquisition of Uber’s China operations, announced on Monday, will create a […]
