Daimler and BMW Plan $1.1 Billion Uber Battle
Dieter Zetsche, chief executive officer of Daimler AG, speaks during the Rise conference in Hong Kong, China. (Photographer: Anthony Kwan/Bloomberg)

Daimler and BMW Plan $1.1 Billion Uber Battle

(Bloomberg) -- Daimler AG and BMW AG are pouring more than 1 billion euros ($1.13 billion) into their joint car-sharing and ride-hailing businesses to take on the likes of Uber Technologies Inc. an...
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