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What UberChina’s merger with Didi Chuxing means for India

Monday, August 1, 2016 | More »

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Uber Technologies Inc.’s decision to exit China after selling its local ride-hailing business to rival Didi Chuxing will make life easier for the two companies but it makes things a bit complicated for India’s largest cab aggregator—Ola. For, San Francisco-based Uber will now have greater room...

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Chinese ride-hailing firm Didi Chuxing to acquire Uber’s local business

Uber Technologies Inc., the ride-sharing company with a reputation of slugging it out with rivals and regulators to capture market share, is giving up in China after agreeing to sell its local business to homegrown firm Didi Chuxing. The deal will end the most watched rivalry in the global cab-haili...

1 August, 2016 | More »