What Uber China's Merger With Didi Means For The Company's Future
After years of bruising competition that cost them billions, the merger makes both companies much stronger.
On Monday, Uber China and its biggest rival in the country, ride-hailing service Didi Chuxing agreed to merge, ending a fierce competition between the two companies that was costing them billions of dollars. While Uber has a stranglehold on the market in many other countries, in China it was losing money, reportedly to the tune of $2 billion over the past two years.
No comments have been added yet.
David Lidsky's Blog
- David Lidsky's profile
- 3 followers
David Lidsky isn't a Goodreads Author
(yet),
but they
do have a blog,
so here are some recent posts imported from
their feed.
