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by bhups 3475 days ago
Facebook and Google are also everywhere except China.
1 comments
bduerst 3475 days ago
I'm not aware Facebook and Google are burning $1B to be in China though.
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pertymcpert 3475 days ago
They sold their business to Didi Chuxing, they're no longer taking that loss.
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bhups 3475 days ago
Not only is Uber no longer burning $1B to be in China, they now own a 20% stake in what is now a monopoly in China to (ostensibly) make all of it back and then some.
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