Weibo, the NYSE-listed microblogging company in China, is an unlikely investor in China's soon-to-merge taxi-hailing apps Didi Dache and Kuaidi Dache.
The spirit of Saint Valentine's Day is in full effect in China's taxi app space today after the country's two biggest players -- Kuaidi Dache and Didi Dache -- confirmed that they will merge.
Uber‘s China aspirations may hit a huge roadblock. Kuaidi Dache and Didi Dache, the country’s two biggest taxi-calling apps, are reportedly considering a merger. The Wall Street Journal re
Today Didi Dache, one of China's two dominant taxi app firms, announced that it had closed a whopper $700 million Series D round.