Uber merges with Chinese rival, Didi Chuxing - Detroit Racing Forums

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Uber merges with Chinese rival, Didi Chuxing

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08-01-2016, 11:57 AM	#1
NewsBot Registered User Senior Member Join Date: Jun 2010 Posts: 48,579	Uber merges with Chinese rival, Didi Chuxing Tesla isn't the only company with an urge to merge today: ride-sharing powerhouse Uber plans to merge its operations in China with the market-dominating Didi Chuxing. Details of the plan came from Didi Chuxing, which will own Uber's brand and data in China. Under the terms of the merger, Uber China and its investors will receive a 20 percent stake... More...

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