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Opinion: Uber did as best as any foreign tech company can expect to do in China, and its sale to rival Didi Chuxing is no failure

W
hile Uber was not able to dominate the Chinese market on its own, commentators, including Kaiser Kuo of the Sinica Podcast, largely agree that the company had a sound strategy going in and comes out with a strong stake in Didi Chuxing, which is valued at $35 billion post-acquisition.
10 months ago
Sky Canaves
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.
China in 2 minutes a day
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