You know those times you’re on the road, just dropped off a passenger, and are wondering where you should go next? Go left, go right, go straight? The Compass App algorithm is powered by millions of real-time and historical Uber pickups to help guide you in the right direction toward your next optimal pick-up area. Think big data meets Uber passenger pick-ups. No more aimless guessing, folks.
As we learned this past Monday, Uber has decided to sell its China operations to China’s largest rideshare company, Didi Chuxing. Didi Chuxing, which is part owned and backed by AliBaba and Tencent and recently received a $1 billion USD investment from Apple had been engaged in a fierce turf war with Uber in China and seems to have won that battle. Continue reading “Uber sells loss making Chinese business to Didi Chuxing and exits China market”