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SoftBank Investing in Taxi Apps

Japanese telecom company SoftBank is proving to be a big threat to taxi-app Uber. In a move to invest in e-commerce, SoftBank has put millions of dollars into Uber’s competing taxi apps around the world, including Asia’s GrabTaxi, India’s Ola, and China’s Kuadi Dache. http://goo.gl/hbrt0t #tech

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