March 17 Afternoon news, in Baidu's good offices, easy to and Uber after months of negotiations have made a breakthrough in recent years. Although the industry has been easy to merge with the drop of the scandal, but investment bankers said that in fact, the real negotiations in the last 3 months has been Uber, and the drop and fast merger or also accelerate the easy to talk with Uber speed.
December 2014, Baidu and Uber to reach an investment strategic cooperation, the two sides in the product and the flow of cooperation. (Details see titanium Media article "Uber's e-round financing, soaring to 2.8 billion U.S. dollars") according to the disclosure, Uber very want to enter China, but in addition to Baidu investment Uber hundreds of millions of U.S. dollars, Baidu and no big action, Uber need in China has a strong business in the executive. In fact, Uber even before this, through direct indirect channels to find drops and quick two.
Investment bankers said specific deals should be signed this week, but for some unknown reason, the two sides will not immediately announce. However, a recent news that the next Wednesday Uber will be held in Shanghai press conference, but the specific content has not been disclosed, there is speculation or related to the matter.
Insiders believe that Uber into China after not too grounded gas, expansion slow. And easy to also up early late set, did not enjoy the rapid development of the car business dividend, from the business volume, easy to market share in China is not high, and the enemy ring, holding a group of heating or good choice.
In addition, UBERCFO Brent Calinicos (Brent callinicos) will step down from office this morning, and its "strategic finance assistant" Gautham Gupta (Gautam Gupta) will temporarily be in charge of the finance department.
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