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China's Geely to join ride-hailing fray with high-end service

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Chairman of Zhejiang Geely Holding Group Li Shufu (L) addresses the media as the company makes its Detroit debut with the MR7171A five-passenger sedan during the press preview of the North American International Auto Show in Detroit, Michigan January 10, 2006. REUTERS/Rebecca Cook/Files

BEIJING (Reuters) - China's Geely Holding Group plans to launch a high-end car rental and ride-hailing app, a spokesman said on Wednesday, entering a business hotly contested by China's...