# Professor Arun Sundararajan comments on Didi's acquisition of UberChina

1 Faculty News August 1, 2016 ![The Atlantic logo](/sites/default/files/styles/246w/public/assets/images/con_031336.jpg?itok=T4ciY3Gl)>

Excerpt from [The Atlantic](http://www.theatlantic.com/business/archive/2016/08/uberchina-didi/493829/) -- "'It's a truce, but it's also a victory for Didi and it's a smart victory for Uber,' said [Arun Sundararajan](http://www.stern.nyu.edu/faculty/bio/arun-sundararajan), a professor at New York University’s Stern School of business and the author of the book The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism. 'The only real existential threat that Uber faces is the fact that they are trying to win China, and they're burning a lot of money trying to gain market share in China in the face of a much larger and well-funded domestic competitor.' Sundararajan says that the deal takes China off the table, and, with it, the worries of many potential Uber investors."

[Read more](http://www.theatlantic.com/business/archive/2016/08/uberchina-didi/493829/)