Category Archives for "Business"

Aug 02

Uber lost China: Why I’m not surprised

By Christopher How | Business

After burning through $2 billion in the past two years, Uber waved a white flag and announced that it is selling its China operations to homegrown rival, Didi Chuxing which controls 80% of China’s ride-sharing market. Uber joins the list of foreign giants like Best Buy, eBay and Mattel that had to exit China with […]

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