https://www.reuters.com/article/us-china-ride-sharing/alibaba-tencent-car-makers-set-up-1-5-billion-china-ride-hailing-venture-idUSKCN1R30DS

Alibaba, Tencent, Suning, and car makers including Chongqing Changan Automobile have set up a $1.5 billion Chinese ride-hailing venture, a move that could test the dominance of ride-sharing giant Didi Chuxing.