2016-08-02
Wall Street Journal
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Didi's acquisition of Uber China and $1B investment in Uber leaves the future of Lyft's alliance with Didi in doubt
Lyft sees ally Didi team with its biggest rival, which is now no longer burdened by China — Uber Technologies Inc.'s retreat from China creates ripples in its second-biggest market …
2016-08-01
Bloomberg
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Didi Chuxing acquires Uber China; Uber China investors get a 20% stake of the combined business, which sources say has a $35B valuation
Uber Technologies Inc. will merge its China business with Didi Chuxing, the dominant ride-hailing service in the country, according to people familiar with the matter.
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