Why It’s “Uber and Out” in China
Ultimately, Chinese culture prevailed.
9 min readAug 16, 2016
Uber has officially joined a long list of US and western companies who, unable to resist the siren call of setting up shop in the world’s second largest market, took the painful, costly and ultimately unsuccessful plunge into China, only to pull out and walk away. Economists will offer many economic reasons for this latest failure, including…
