Uber investors are getting nervous about the fight with China's Didi and want to call a truce

Ca$h4

Well-Known Member
Uber investors panicing? Uber has low market share in China and Uber's Drivers and Customers are not "stickey." Didi seems to be holding all the cards. If true, then, Uber's GROWTH STORY is in tailspin, and its valuation will take a big hit.

http://www.businessinsider.com.au/uber-investors-reportedly-want-china-truce-with-didi-2016-7

Here is another article for some background information.

Uber has met its match when it comes to fundraising

http://qz.com/708352/uber-has-met-its-match-when-it-comes-to-fundraising/
 

ginseng41

Well-Known Member
Actually, Chinese losses might be good for Uber. If they're trying to come up with money to place angry investors, maybe they'll stop doing stupid rate cuts. They need income too. This past winter was the only time they actually raised rates back up part of the way after cuts
 
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