I’d be lying if I said my week didn’t start off with a bang when rumors surfaced—and were soon confirmed—that Uber was selling off its Chinese business to local rival Didi Chuxing in a $35 billion deal. If you need a reminder, Uber and Didi had been battling it out for quite some time, both sinking billions of dollars to aggressively sign up users and drivers.
In some ways, the news was surprising. Uber is well known for its ambitions, so bowing down to a competitor feels uncharacteristic of the company.
