The Real Losers of Uber’s Exit From China

Minxin Pei is a professor of government at Claremont McKenna College. Given the circumstances, Uber Technologies appears to have done the right thing, at least for its investors. After losing $1 billion a year before the deal in a self-destructive price war with its Chinese rival, Didi Chuxing, the U.S. ride-hailing company finally decided to(read more)

Source: Fortune

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