Uber’s rapid growth has continued this year, even after deciding to leave China, but so has its losses. The ride-hailing giant has lost more than $2.2 billion in the first… Read More
Uber’s China business is merging with Didi Chuxing, the country’s top ride-hailing company, in a deal that will help Uber shed massive financial losses and value the combined entity at $35 billion.… Read More
Apple is putting some major cash behind Uber’s fiercest rival in China. The Cupertino, Calif.-based company is investing $1 billion in Didi, one of the fastest-growing technology companies in China that… Read More