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Didi shows Uber the way to doing business in tough China market

After the Didi deal, questions surround Uber's next move. Will it double- down in India and South-east Asia against Grab and Ola?

Hong Kong

JUST a year ago, Travis Kalanick told anyone who would listen that China was Uber Technologies Inc's most pivotal market. He's now waved the white flag.

Uber is about to join a lengthening list of US companies that have stumbled in the world's largest Internet market,