What Went Wrong For Uber In China | WBEZ
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What Went Wrong For Uber In China

After a brutal two year battle, Uber is finally throwing in the towel in China. 

The ride-sharing giant sold its remaining market share to rival Didi, following a $2 billion loss. While Uber continues to be the highest valued startup in history, its stumble in Asia raises a red flag to foreign investor strategies going forward. 

For more background, we talk to Leslie Hook, a correspondent for the Financial Times, about Uber’s loss in China.

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