# Professor Arun Sundararajan explains why the sale of UberChina to Didi is a win for Uber

1 Faculty News August 1, 2016 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/uat_027305.jpg?itok=Ipx0jiaQ)>

Excerpt from [CNBC](http://video.cnbc.com/gallery/?video=3000539604&play=1) -- "I think ceding China to Didi, while it might seem like a loss for Uber in the short run, is a bigger win for Uber in many ways than it is for Didi because it takes a country that was a money pit for the company, and in some ways is the biggest threat to its existence, off the table, and allows it to focus on the rest of the world."

[Watch the video](http://video.cnbc.com/gallery/?video=3000539604&play=1)