A taxi is reflected in a window at the office of taxi-hailing service Uber Inc in Hong Kong, China August 12, 2015. REUTERS/Tyrone Siu
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Uber Technologies Inc. is facing another alliance of rivals as smaller operators team up across different regions for ride hailing services.Careem Inc., a Dubai-based service that's valued at about $1 billion, will partner with China's Yidao Yongche and share resources, according to a statement. Splyt's nascent effort resembles another recent alliance of much larger ride-sharing companies. In late 2015, Didi, Lyft Inc., Southeast Asia's Grab and Ola of India forged a four-way partnership to take on Uber.
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