Uber, investors in UberChina unit will own 20% of Didi; Chinese ride-hailing firm will invest $1 billion in Uber Global ride-hailing giant Uber Technologies Inc. has given up its costly battle for China’s riders, swapping its local operations there for a minority stake in the country’s homegrown champion, Didi Chuxing Technology Co. Didi, which was […]
Uber Sells China Operations to Didi Chuxing
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