Monday, July 24, 2017

'Partner' Didi Chuxing is freezing Uber out of Southeast Asia

Part of Uber's sky-high $70 billion valuation was due to its optimism about expansion in China, India and other parts of Asia. However, its China adventure was a money bonfire that finished when it sold out to rival Didi Chuxing for $1 billion. Its p...
by Steve Dent via Endless Supplies .Ca - News

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