The Chinese startups showing off their products at CES this year demonstrated the large amount of innovations being created in the country. The companies debuted impressive smartphones, car-smartphone integrations, and giant helicopter-like drones.
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China uber-like startup, Yidao Yongche announced that the company will be receiving a huge investment from a Beijing-based company, LeTV. According to Yidao Yongche's statement, the three-year-old company is receiving investment worth $700 million by LeTv for 70 percent stake in the ride-hailing app company.
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