Didi Chuxing confirms buying Uber operations in China
China
Beijing - Arab Today
Chinese ride-sharing giant Didi Chuxing is to take over the China operations of its US rival Uber, it said in a statement Monday, ending a ferocious battle for market share that cost both firms billions.
In exchange for the Uber China assets, Uber and its Chinese partners will receive shares equivalent to 20 percent of Didi Chuxing, the statement said, with Didi CEO Cheng Wei saying the two "have learned a great deal from each other over the past two years in China’s burgeoning new economy".
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Buenos Aires - AFP
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
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Paris - Al Maghrib Today
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To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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All rights reserved to Arab Today Media Group 2021 ©
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