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For what it's worth I am not trying to put a spin on it for Uber, I am generally one to root against Uber (you can see this in my comment history). But I do re
by habosa 10y ago
For what it's worth I am not trying to put a spin on it for Uber, I am generally one to root against Uber (you can see this in my comment history). But I do respect their ability to almost always get what they want.
You're right they could have done better, but they did a great job at mitigating loss and backing out of China with a lot more than just money lost. They'll get a piece of the pie going forward.
My comment about Lyft was that by partnering with Didi just like Lyft did, Uber can now minimize the possibility that Lyft gets farther in China than Uber does. Everyone is relying on Didi, so Lyft and Uber will both get some of China but not the lions share and Uber will continue to beat Lyft in all other markets.