Skip to content
Subscriber Only

That's Awkward: Uber's 2016 China Sale Still Waiting on Approval

  • China’s antitrust watchdog never greenlit Didi-Uber deal
  • Uber says rulings could alter its business, increase costs
The Didi Chuxing application
The Didi Chuxing applicationPhotographer: Qilai Shen/Bloomberg

Almost three years on, Uber is still waiting to sell out in China.

The landmark deal that sealed Uber Technologies Inc.’s retreat from China, in which it agreed to fold its business into local ride-hailing leader Didi Chuxing in exchange for a stake in the other company, was never approved by China’s State Administration for Market Regulation, according to the U.S. company’s initial public offering filing.