On: Uber losing $1B a year to compete in China

[est]

> the country's taxi market to a foreign led/managed/owned company? LOL

You really think Uber China is Uber? LOL. It's managed, operated, financed by a Shanghai based independent company called 雾博 infotech.

[anon8418 → est]

Is this a joke? You think Uber China is truly "independent"?

Who do you think pulls the strings, dictates the strategy, provides the underlying technology?

Saying Uber China is "independent" is even more laughable than "Uber drivers are independent contractors".