While Uber has been growing quickly in some parts of the world, it has struggled in China. The popular ride sharing service has spent billions of dollars trying to gain more of the market in that huge country. But it only ever managed to gain about 20 percent, at most.
Uber’s main competition in China is a company called Didi Chuxing. And that competition got even heavier recently when Didi Chuxing partnered with Lyft and received a major investment from Apple.
Uber's Main Rival in China Just Scored a Major Victory (Watch)
Posted by lyceum under StartupsFrom http://smallbiztrends.com 2985 days ago
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