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Uber investors 'push for Didi truce' in China fight

By Bloomberg | China Daily | Updated: 2016-07-22 08:01

Rivals burn cash in their struggle formarket dominance as institutions apply pressure

Uber Technologies Inc investors have a message for management: It's time to wrap up the costly fight in China.

Several institutional investors are pushing the ride-hailing company to broker a partnership agreement with China's market leader Didi Chuxing, according to people familiar with the matter, to stem the billions of dollars Uber is spending to expand in the region.

Uber investors 'push for Didi truce' in China fight

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