A few important segments that really seem to get buried in the rest of the text.
"This is not to say that Chinese government regulation drove Uber’s deal with Didi, which was clobbering Uber in the ride-sharing market; in fact, Uber felt it was treated fairly by a government interested in transportation innovation. According to reports on the ground, Didi used its local knowledge to act more nimbly in satisfying Chinese customers.
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Google’s retreat came in 2010, so it’s fair to ask whether those regulatory issues still exist.
...
To be fair, the American marketplace has not exactly been a fertile ground for Chinese internet companies hoping to break in. Though many of the really big players — Baidu, Alibaba, TenCent, WeChat — have moved on from clone-ish beginnings and actually come up with important innovations, none have made an impact here. But that’s due more to a lack of resolve than any regulatory barriers."
"This is not to say that Chinese government regulation drove Uber’s deal with Didi, which was clobbering Uber in the ride-sharing market; in fact, Uber felt it was treated fairly by a government interested in transportation innovation. According to reports on the ground, Didi used its local knowledge to act more nimbly in satisfying Chinese customers.
...
Google’s retreat came in 2010, so it’s fair to ask whether those regulatory issues still exist.
...
To be fair, the American marketplace has not exactly been a fertile ground for Chinese internet companies hoping to break in. Though many of the really big players — Baidu, Alibaba, TenCent, WeChat — have moved on from clone-ish beginnings and actually come up with important innovations, none have made an impact here. But that’s due more to a lack of resolve than any regulatory barriers."