SHANGHAI: China's commerce ministry is investigating the planned acquisition by ride-hailing firm Didi Chuxing of US rival Uber Technologies Inc's China unit over anti-monopoly concerns, the ministry's spokesman said.
Shen Danyang told reporters the Ministry of Commerce would look to protect fair market competition and consumer interests in the deal, which will create a roughly US$35bil (RM143.27bil) giant dominating China's car-hailing market.
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