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by alphast0rm 3320 days ago
Uber received a 17.5% stake in Didi as part of the deal [1], which is worth ~8.75B given their most recent raise at a ~50B valuation [2].

[1] https://www.bloomberg.com/news/articles/2017-04-28/china-s-d...

[2] https://www.wsj.com/articles/didi-chinas-uber-raises-5-5-bil...

1 comments

Not that bad of an outcome really. I think Uber blew about $1 billion chasing after China.