Geely, Daimler in talks to launch ride-hailing services in China

The Mercedes-Benz AG badge is displayed on a company's E300e plug-in hybrid sedan during the press day of the 2018 Busan International Motor Show in Busan, South Korea, on Thursday, June 7, 2018. Photographer: SeongJoon Cho/Bloomberg

Chinese billionaire Li Shufu may have found the glue to start binding together the automobile assets he’s assembled across the globe — by creating an entirely new business altogether.

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