Foundering

What It Takes to Vanquish Uber

<p>Very few things have stopped Uber in its quest for world domination -- except Didi, the Chinese ride-hailing startup that in August announced it will buy Uber's China operations. This week Lulu Chen and Brad Stone tell the story of how Didi rose to prominence, and the battles its founder Cheng Wei waged to defeat dozens of Chinese rivals before taking on Uber. Now that it's conquered the world's largest ride-hailing market, can Didi finally make money?</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>

Foundering is an award-winning, serialized podcast from the journalists at Bloomberg Technology. Each season, Foundering brings you inside a different high-stakes drama from the technology industry, where its companies are wielding unprecedented capital and power.