The first part of this series explored and discussed the background July 2016 merger of Uber China and its largest competitor, Didi Chuxing. This blog will discuss the particulars of that agreement as well as the developments in the story of the merger that have occurred in recent months. As discussed more fully in the …
Tag Archives: International M&A
Uber in China: Part 1 of 2
With nearly 1.4 billion people, China is a truly massive market for goods and services. It is no surprise that foreign companies have been trying to gain a foothold since China first began opening up in the late 1970s. Some foreign companies have been very successful in China despite some minor hiccups. For example, you …