Alibaba, Tencent and other major names form $1.45B ride-hailing venture

For the last two years, Didi has been the dominant car-hailing force in China, and its success has spawned a handful of competitors initiated by both internet firms and old-school car makers. Just last week, another notable challenger has stepped up. T3, which is short for “top 3,” officially launched after a dozen entities, including … Continue reading Alibaba, Tencent and other major names form $1.45B ride-hailing venture