August 1, 2016 Sophia Vida

Uber and Didi Chuxing Will Combine As A $35B Company

Uber and Didi Chuxing, the Chinese ride-hailing service, both announced on Monday that Didi Chuxing would be acquiring Uber’s China business. The deal, according to a source familiar with the matter, would value the combined company at $35 billion. This valuation is made up of Didi’s most recent $28 billion valuation and $7 billion value … Continue reading “Uber and Didi Chuxing Will Combine As A $35B Company”