Thursday April 25, 2024 | Last Update: April 25, 2024 EDT
Chinese-ride sharing service Didi Kuaidi, which competes with Uber Technologies Inc., is set to raise $3 billion from investors lured by the promising company.
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The California Labor Commission ruled that a driver for ride sharing service provider Uber is an employee and not a contractor, a decision that could potentially bloat its costs and affect other crowdsource service providers.
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