Didi Chuxing set to start in Brazil

Vocabulary: merger [MUR-jer] (noun) an arrangement in which two or more companies or organizations join together The merger of the Cranberry Co. with Apples Co. surprised everybody. monopolize [muh-NOP-uh-lahyz] (verb) a business obtains exclusive control of an industry The company has monopolized the market. ride-hailing [RAHYD heyl-ing] (adjective) transportation from a taxi service usually booked through an app Ride-hailing services have improved our daily commute. formidable [FAWR-mi-duh-buh-l] (adjective) inspiring fear or respect by being impressively large, powerful or excellent Cranberry Co. has built a formidable reputation for quality products. war chest [WAWR ches] (noun) a fund for a specific purpose such as acquisition McDonald’s is known to have a huge…
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