Daimler buys ride-hailing firm Chauffeur Prive to intrude on Uber's turf in France

Daimler buys ride-hailing firm Chauffeur Prive to intrude on Uber's turf in France

FILE PHOTO: The Daimler AG sign with raindrops is pictured before the company's annual news conference in Stuttgart, Germany, February 4, 2016. REUTERS/Michaela Rehle/File Photo

Daimler AG bought a majority stake in French private-hire limousine operator Chauffeur Prive, accelerating the luxury-car maker’s expansion into ride-hailing turf occupied by firms like Uber Technologies Inc.

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