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August 1, 2016 03:07 am -04
Original Link: https://www.engadget.com/2016/08/01/uber-china-to-merge-with-rival-didi-chuxing/
Uber China to merge with rival Didi Chuxing
Uber has agreed to sell its Uber China arm to arch rival Didi Chuxing in exchange for a 20 percent stake in the merged operation, according to reports from Bloomberg and others. The combined company is reportedly worth $35 billion, giving Uber a $7 b...Original Link: https://www.engadget.com/2016/08/01/uber-china-to-merge-with-rival-didi-chuxing/
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Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget