Deals
In Deal With Didi, Uber Frees Itself to Expand in Other Markets
- Didi Chuxing to buy Uber operations after expensive price war
- Heavy losses in developing markets said to hold up an Uber IPO
Uber and Didi Said to Merge in China
This article is for subscribers only.
Uber Technologies Inc. is selling its China operations to fierce rival Didi Chuxing, ending an expensive price war and freeing it up to focus on other markets and possibly an initial public offering.