The company that's losing $1bn/year, Uber China, appears to be a separate compan...

tim333 on Feb 19, 2016 | parent | context | favorite | on: Uber losing $1B a year to compete in China

The company that's losing $1bn/year, Uber China, appears to be a separate company just focused on China (valued at $8bn against Uber proper's $60 odd bn and Didi Kuaidi's $16.5bn) and so pretty much has to be in China. If that wasn't the case I could see the argument for just not bothering there.