The Traderszone Network

Published in TZ Latest News 2 August, 2016 by The TZ Newswire Staff

MarketWatch First Take: Uber takes a page from Yahoo by cutting its losses in China

“If you can’t beat ’em, join ’em” seems to be the theory behind Uber Technologies Inc.’s mega-deal to merge its unprofitable Chinese operations with its Chinese rival, Didi Chuxing, in yet another admission of failure in China by a U.S.

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