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China’s two largest taxi-hailing applications, backed separately by Alibaba Group Holding and Tencent Holdings, announced today that they will merge. The new company will have a dual-leadership setup. Cheng Wei, chief executive of the Tencent-backed Beijing Xiaoju Keji and Lv Chuanwei, chief executive of Alibaba-backed Hangzhou Kuaidi Technology, will be co-CEOs [...]
from Forbes Real Time http://onforb.es/1zTdC2Y
China’s two largest taxi-hailing applications, backed separately by Alibaba Group Holding and Tencent Holdings, announced today that they will merge. The new company will have a dual-leadership setup. Cheng Wei, chief executive of the Tencent-backed Beijing Xiaoju Keji and Lv Chuanwei, chief executive of Alibaba-backed Hangzhou Kuaidi Technology, will be co-CEOs [...]
from Forbes Real Time http://onforb.es/1zTdC2Y
