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The Conversation USA

Uber's Didi deal dispels Chinese 'El Dorado' myth once and for all

  • Written by Erik Gordon, Clinical Assistant Professor, University of Michigan
imagePlenty of gold but little growth.Golden dragons via www.shutterstock.com

Didi, the Chinese ride-sharing service, did more than run the American ride service, Uber, out of China. In my view, it destroyed the China El Dorado myth.

The El Dorado (“the golden one”) myth referred to a supposed city of gold somewhere in Latin America. Spanish...

Read more: Uber's Didi deal dispels Chinese 'El Dorado' myth once and for all

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