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by xiaoma 3839 days ago
Baidu was a strategic investor in Uber, and they lead another $1.2B round a couple of months ago. Both companies have local giants backing them, so anything can happen. If I had to bet, though, I'd bet on Uber winning in China if they can win enough of the rest of the world.

http://techcrunch.com/2015/09/07/uber-confirms-its-raised-1-...

1 comments

I know this but BIDU is leaving first tier internet companies in China. This can be seen from its market cap which is almost a third of alibaba or tencent.

No matter what you bet -- you should always bet on something you can control not others.