Uber's biggest rival just got bigger

Uber's new year isn't off to a great start.
One of the company's biggest competitors, China's Didi Chuxing, is buying another ride-hailing company from Brazil, 99.
The deal is set to make Didi even bigger and pits its services against Uber in yet another country. That's not something Uber needs as it tries to get back on track after a rough 2016.
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China's Didi Chuxing confirmed the acquisition on Wednesday this morning. It was first reported