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Lyft is the real loser in Uber-Didi deal


Uber has waved the white flag in China — but the real loser in this deal is likely Lyft. On its face, Uber’s Monday agreement to trade its China operation for a 20 percent, or $7 billion, stake in rival Didi Chuxing looks like a defeat for Uber boss Travis Kalanick. But Kalanick’s dream of...
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Source: New York Post


01:49, August 2, 2016 James Covert

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