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

Published Tue, Aug 2, 2016 · 09:50 PM

    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, from Yahoo! Inc and Amazon.