In the news: Didi buys Uber China, MOFCOM clears AB InBev-SABMiller and the World Bank urges China to deepen healthcare reform
August 01, 2016 | BY
Katherine Jo &clp articlesThis week Uber announced to merge its China business with rival Didi Chuxing, AB InBev cleared its final regulatory hurdle for its SABMiller takeover and the failures of China's healthcare system were discussed
Promulgated: 2016-08-01
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Uber to sell China business to rival Didi talk that investors were pushing for a truce Both companies were burning through cash, giving out free rides and more, with Uber spending an estimated $1 billion a year in China. Uber's CEO said neither companies have been