, Columnist
SoftBank’s Ele.me Cash Will Act as Halon or Kerosene
This $3 billion-plus investment could fuel a Chinese online-to-offline war, or extinguish it.
Hungry for cash? Special delivery, from SoftBank.
Photographer: Zhang Peng/LightRocket/Getty Images
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For a while there it looked like China's online-to-offline wars were over.
A merger of taxi rivals to eventually create Didi Chuxing led to the exit of Uber, bringing relative calm to the ride-share sector.