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Re:Uber to Sell China Business to Rival Didi After Losing Bi... by Eutow on Monday August 01, 2016 @08:44AM (#12201893)
>The deal with Didi Chuxing comes just days after China agreed to provide a legal framework for taxi-ordering apps. Both Uber and Didi have welcomed the decision, having previously operated in a legal grey area in the country. While the apps are widely popular, they have undermined business for normal taxis and have been met with protests by cab drivers. The new rules will take effect on 1 November and will, among other things, forbid such platforms to operate below cost.

http://www.bbc.com/news/36938812

Re:Uber to Sell China Business to Rival Didi After Losing Bi... by chw9e on Monday August 01, 2016 @10:55AM (#12202818)
Perfect excuse for Didi to raise prices after gaining monopoly share of the market...