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Alibaba inks deal with Shanghai GM to finance car purchases

Alibaba Group Holding Ltd deepened its push into the automotive business on Friday, saying it had struck a partnership with Shanghai General Motors (GM) to offer online sales and financing for GM cars. Currently, Shanghai GM’s Buick, Cadillac and Chevrolet brands are available for sale on Alibaba’s TMall.com website, and the two companies said they would collaborate by using Alibaba’s big data analysis to serve ads to prospective car buyers,

Dutch launch criminal investigation into Uber

Dutch prosecutors launched a criminal investigation into Uber for providing an illegal taxi service in violation of a court order, a statement said on Friday. It was the latest setback for the taxi service, which has been banned in several European countries in recent months. Uber allows users to summon taxi services with smartphones while its UberPop arm links private drivers to passengers. In December, a Dutch court banned UberPOP