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A comment on Lyft and Waymo Reach Deal to Collaborate on Self-Driving Cars. Parent comment

Re:Lyft and Waymo Reach Deal to Collaborate on Self-Driving ... by htormey on Monday May 15, 2017 @02:03AM (#14339460)
Didn't Uber get a significant chunk of Didi stock when it agreed to exit china? I have no idea how uber is doing overall abroad but china didn't appear to be a total wash for them at least.
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Re:Lyft and Waymo Reach Deal to Collaborate on Self-Driving ... by alphast0rm on Monday May 15, 2017 @02:18AM (#14339516)
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...

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Re:Lyft and Waymo Reach Deal to Collaborate on Self-Driving ... by htormey on Monday May 15, 2017 @08:18AM (#14340960)
Not that bad of an outcome really. I think Uber blew about $1 billion chasing after China.
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