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Tag: Technology

China’s Didi Crackdown Isn’t All That Different From U.S. Moves Against Big Tech

It was supposed to be one of the hottest IPOs of the year, the listing of the most dominant ride-hailing service in China, Didi Global. More dominant than Uber, Didi commands almost 90% of the Chinese market, and with its attendant services like bicycle rentals and a growing business in autonomous vehicles and artificial intelligence. And then it all went terribly wrong.

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