Women in Tech Are Rising Higher in China Than in the U.S.

I spent much of the summer of 2015 covering the absolute unraveling of Uber China, a multibillion-dollar effort that failed spectacularly. When Uber ultimately admitted defeat in 2016, Shonda Rhimes couldn’t have scripted the narrative better.

Uber had devastated competitors in each market, and its Chinese competitor Didi Chuxing turned Uber’s game on itself. Didi was the only ride-sharing company in the world whose resources rivaled Uber’s, backed by two of the largest Chinese internet companies and several of the largest hedge funds in the world. And while there was never any evidence of the Chinese government making life any worse for the American company in the market, Didi obviously had the home-field advantage when it came to working politics in China, if it came down to that.

And China was already the largest ride-sharing market in the world by rides.