One chart that shows why Uber had to strike a deal with Didi in China
Ever since Uber announced it was making a deal to merge with rival Didi Chuxing in China, there have been plenty of explanations as to how the deal came to be.
On Didi's end, the deal was likely spurred by not only Uber's spending and growth in China, but by the possibility of a Lyft-Uber merger.
But why did Uber really throw in the towel? From the looks of this data, the answer to that is pretty clear:
7Park Data
Uber was lagging behind in weekly active users on Android, too, barely even cracking 2% of the users surveyed in Beijing.
7Park Data
The survey did point out that Uber was making progress in China, slowly but surely. The data shows that Uber was actually growing faster than Didi in several markets - but Uber's share remained small due to a smaller base of users.
You can read the full report over at 7Park Data's blog.
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