New York-based investment firm, BlackRock has now put a stake in Uber's Chinese rival Didi Chuxing in it's recent $7.2b round. This comes to a surprise after BlackRock invested in Uber back in 2014. As Didi does not plan on expanding internationally, investors such as BlackRock are expecting the on-demand transportation company to take the Asian market by storm. Both Uber and Didi Chuxing are in essence a payments company, not just a transportation startup, so it's not very surprising that financial institutions like BlackRock and Tiger Global are double dipping into this industry.