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Here’s a wrap of the day’s news.
Google and SoftBank keep on truckin’, join US$1.9 billion investment in Manbang (China). The Japanese firm’s US$100 billion Vision Fund led the mega-funding round, with Google’s CapitalG, China Reform Fund, and Ward Ferry also participating. Truck-hailing service Manbang – the result of a November 2017 merger between “Uber for trucks” startups Huochebang and Yunmanman – said it would use the...