China’s taxi on-demand war reignited: Didi rival UCAR is raising $1 billion

Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. Didi Chuxing’s deal to acquire Uber China seemingly left the Chinese ride-hailing giant as the last man standing and therefore sole winner of China’s vast ride-sharing market. However, Didi’s success has also served to open new opportunities for other… Read More