Cheng Wei: The Billionaire Who Brought Down Uber China
When a company sells out to its competitor and says that it’s a good thing, you know they’ve been defeated. That’s exactly what happened to Uber in China when domestic car-hailing company Didi Chuxing bought out Uber China and bumped up its valuation to $35 billion. That makes it bigger than the Kellogg Company ($29.43 billion)…