I'm not saying Kalanick didn't say that, what I meant is it's not going to happen based on my observation. Sorry if it was misleading.
> No. A peace treaty or truce means each side remains independent but they agree to stop warring with each other. This is an outright purchase.
What you said make sense, but I see this as a truce between Didi and Uber per se, not just Uber China. Uber lose a battle on Chinese turf to Didi and sold this branch in exchange to some share of Didi. But Uber still exists. I don't view this as a victory of Didi either, they simply defended their home turf. What we may see next is maybe they will compete in SE Asia or India. It seems like Didi is more ambitious on things like this.