Scalper1 News
The battle between Uber Technologies and its main rivals in China is getting hotter, with two China Internet giants now backing Lyft, which is Uber’s biggest competitor in the U.S. In a funding round that closed in May, Alibaba Group (BABA) and Tencent Holdings (TCEHY) reportedly invested in San Francisco-based Lyft, the second-largest ride-hailing service company in the U.S., the Wall Street Journal reported. Alibaba and Tencent are also Scalper1 News
Scalper1 News