Uber Decides It's Getting Tired of Competition

In China, it finds fighting for a whole country's business is hard.

Four stars for the effort.

Photographer: Brendan Smialowski/AFP/Getty Images

Uber, after throwing a few billion dollars at China and not making much headway, is now throwing in the towel and selling out to rival Didi Chuxing. As somebody who wrote a column from Beijing a few weeks ago headlined, “Uber Isn’t Going to Conquer the World,” I’d crow about this -- except that I’m not sure Uber’s decision really backs up my argument.

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