“It’s inevitable as part of the consolidation... When Jenny Zeng invested in Uber Technologies Inc. last summer, and, as part of the deal, took a small stake in its China operation, she thought it likely that UberChina would end up merging with Didi Chuxing Technology Co.“The two companies should have known it, too,” said Ms. Zeng, managing partner of Magic Stone Alternative Investments, a Beijing-based firm that she founded in 2011.

Source: Wall Street Journal August 01, 2016 21:11 UTC