Signal3 Aug 2016
Uber bows out of China

Grab in Southeast Asia, Ola in India, and Lyft in the US – as ride-hailing becomes an increasingly lucrative sector, Uber’s competition is getting stiff. The world’s most popular private driver app is now bowing out of China, where it’s experienced significant losses in a face-off with Didi Chuxing.

Uber bows out of China