RUSH HOUR: Ridesharing apps have had a troubled start to life, with regulators in Beijing and other cities across the world banning apps that earn revenue from drivers who do not hold commercial licences.
BEIJING: An early investor in Chinese carpooling app Dida Pinche said he has held talks with US ride-hailing app Uber Technologies Inc to help grow Dida in a market 99% controlled by Didi Dache and Kuaidi Dache.
Andy Zhang, chief financial officer of Dida investor Bitauto Holdings Ltd, told Reuters late last week that he met with Uber chief executive officer Travis Kalanick in Beijing to discuss possible investment or tie-ups.
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