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Kaiser Kuo & Angela Bao

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Homepage: http://www.chinafile.com/

In early August, news broke that Uber would sell its China business to Didi Chuxing, its largest rival on the Mainland. Uber is just the latest in a series of tech companies—including Google, Twitter, and Amazon, among others—that found the Middle Kingdom a tough nut to crack. What lesson can other internet innovators learn from Uber’s retreat in China?

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