The merged entity is worth around $35 billion (￡26.58 billion) - combining Didi’s most recent $28 billion valuation and Uber China’s $7 billion worth - said a source familiar with the matter who did not want to be named before the deal was made public.
AbC 57 minutes ago
People in china have great driving skills but they do not obey the rules. Most people do not have life insurance I doubt we can trust them.
ayah 13 hours ago
At the end taxi drivers screw from minimum wage and no unx customer pay high price as no competition. Good luck Uber lover
Steven Craig 18 hours ago
An absurd valuation supported by serfs earning less and less while customers pay more and more.
pat 9 hours ago
Love the way everyone seems to forget CHINA is a COMMUNIST country. Business lives or dies by their (the Partys) discretion. If you think a barbarian business will EVER win out over a sate sponsored entity (of which ALL are to a greater or lesser extent) I feel sorry for you.
rick 1 hour ago
Every company and government will cede to China they all cower to the Chinese now wait 5 - 10 years and China will be impossible to deal with - because they will use economic leverage against every country and company - China is going to be the greatest country in the world and nobody can stop them
spot 21 hours ago
Everything about the enemies is just bull article but always only see if there are Real White victims.
Themblues 13 hours ago
"This will lead to favourable outcomes for both companies. The biggest benefit is cost savings they no longer have to give out subsidies to drivers and passengers. It will give pricing power as the new entity will become the dominant player. That means profitability will come sooner than later."
Translation: We are going to screw the everlovin' shyte out of the drivers in the name of corporate profits.
Stan 14 hours ago
Another American company bought out by CHINA BEWARE.
JAMES 12 hours ago11
Don't get involved with China their is nobody at the helm to stand up for you. Also don't buy their worthless products.
ernie 9 hours ago
Hillary for Prison. She is a criminal and belongs in jail along with her pervert husband.
Bob 19 hours ago
The march towards globalism continues. They will use these services and ultimately self-driving cars to take away our right to free travel. If the "system" doesn't want you to go some place you are simply not going to go. Same with the cashless society where everything is digital - they don't like what you are doing or saying they just turn you off with a few keystrokes and you no longer exist. 1984 is clearly not far away.
Denis 21 hours ago
It is much easier for foreign companies to do business in China than that in the US.
_ 31 minutes ago
Apple did not invest in Uber instead it went with Didi smart move.
Harry Kneecaps 57 minutes ago
"China has been a challenging market for Uber"
The South China Sea dispute is going to make China a challenging market for any US multinational.
Cyrus 2 hours ago
prepare to see china backstab uber like they do with every foreign business.
David 6 hours ago
Just like every other business in China Didi is greatly overvalued.
phil 22 hours ago
w 8 hours ago
Aren't DiDis diapers? Who wants to sit in a messy diaper?
KurtCool 15 hours ago
CEO Kolonic stated himself Uber loses $1 Billion a year in China. If Didi bought Uber for $1 it would be a rip-off. I knew Kolonic was a good Snake Oil Salesman but clearlyI didn't give him enough credit!!
joseph 18 hours ago
can I have a roger rabbit car too?