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> What evidence have you that this is "simply not true." Some of these statements to investors have become public knowledge, which you'll see with a simple goog

> What evidence have you that this is "simply not true." Some of these statements to investors have become public knowledge, which you'll see with a simple google search. I'm not saying Kalanick didn't say that, what I meant is it's not going to happen based on my observation. Sorry if it was misleading. > No. A peace treaty or truce means each side remains independent but they agree to stop warring with each other. This is an outright purchase. What you said make sense, but I see this as a truce between Didi and Uber per se, not just Uber China. Uber lose a battle on Chinese turf to Didi and sold this branch in exchange to some share of Didi. But Uber still exists. I don't view this as a victory of Didi either, they simply defended their home turf. What we may see next is maybe they will compete in SE Asia or India. It seems like Didi is more ambitious on things like this.

erdevs 10y ago
Thanks for explaining / clarifying. > I don't view this as a victory of Didi either, they simply defended their home turf. I think this is where we disagree. It was definitely a victory for Didi. They beat Uber in China, which is the market they care most about. Moreover, they have aligned themselves strategically. They now have a stake of Uber as well (don't forget Didi also invested $1B in Uber and as a result achieved information rights on Uber). They have partnerships with Grab in SE Asia and Ola in Inida. Lyft in the US. They continue to encircle Uber... Whereas a year ago, an Uber investor could've reasonable thought Uber was on a path to domination worldwide... today it's clear that their potential is greatly diminished from those lofty possibilities. They are removed from China outright. They are being confronted by an opponent that has already beat them in SE Asia and perhaps in India. Who knows what is next in Europe and the US. Didi has been absolutely brilliant here, and they deserve full credit for it.

erdevs 10y ago

Thanks for explaining / clarifying. > I don't view this as a victory of Didi either, they simply defended their home turf. I think this is where we disagree. It was definitely a victory for Didi. They beat Uber in China, which is the market they care most about. Moreover, they have aligned themselves strategically. They now have a stake of Uber as well (don't forget Didi also invested $1B in Uber and as a result achieved information rights on Uber). They have partnerships with Grab in SE Asia and Ola in Inida. Lyft in the US. They continue to encircle Uber... Whereas a year ago, an Uber investor could've reasonable thought Uber was on a path to domination worldwide... today it's clear that their potential is greatly diminished from those lofty possibilities. They are removed from China outright. They are being confronted by an opponent that has already beat them in SE Asia and perhaps in India. Who knows what is next in Europe and the US. Didi has been absolutely brilliant here, and they deserve full credit for it.