The Deeper Significance of Didi Chuxing

Didi Chuxing’s acquisition of UberChina drew plenty of headlines this week from outlets including this one. (One of my favorites is here.) Yet a piece of the story remains misunderstood: how Didi won.

Reporters and other general tech observers have been quick to blame the Chinese government, which has and continues to stymie so many Western companies from doing business in China.