We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Hail the winner

1 August 2016 By Robyn Mak

The U.S. ride-hailing app is handing Uber China to larger local rival Didi Chuxing. In exchange, Uber gets 20 pct of an enlarged $35 bln group. It’s a humiliating reversal after a high-profile battle. The combined group can cut back on subsidies and focus on turning a profit.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)