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July 24, 2017 09:02 am -04
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...
Original Link: https://www.engadget.com/2017/07/24/didi-chuxing-softbank-grab-freezing-uber/
'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...Original Link: https://www.engadget.com/2017/07/24/didi-chuxing-softbank-grab-freezing-uber/
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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