In a landmark deal, Chinese ride share giant Didi Chuxing has agreed to acquire all assets of Uber China, including its brand, business operations and data for operation within China, according to a company announcement. In exchange for the Uber China assets, Uber will receive 5.89% of the combined company with preferred equity interest which […]

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No major Western software or online business has ever succeeded on its own in China for a sustained period of …

Don't believe anyone who says Alibaba.com's founder Jack Ma doesn't intend to upset the status quo and sense of stability …