The Multibillion-dollar China Question: Should a mid-sized tech company tempt fate in China?
Didi Chuxing, the largest ride-hailing service is China, confirmed today that it will acquire Uber China. According to reports, the two companies will keep distinct brands, apps, and business operations, but the backends will be merged. The deal ends a long, costly battle between the two rivals: Uber had been spending $1B + a year […]