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Car-hailing app Didi Chuxing raises US$7.3b from investors

This values Uber's China rival at US$28b

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SMALL AND NIMBLE: The Didi Chuxing mascot outside the company's headquarters in Beijing. Although Didi has attracted investment from some of the largest technology companies in the world, Uber has vowed to plough profits from other markets into China.

Hong Kong

WITH more Internet users than any other country and a fast-rising middle class, China is one of the most sought-after markets in the world.

Recent fundraising rounds in the ride-sharing market show it is also one of the most expensive.

The Chinese car-hailing app

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