Lyft Says It Will 'evaluate' Its Partnership With Didi Chuxing After Uber Deal

Lyft Inc. said it will "evaluate" its partnership with Didi Chuxing, after the Chinese ride-hailing company said Monday that it would acquire Uber's China operations. Lyft currently has a partnership with Didi, as well as two other ride-hailing companies, that extends the reach of the app globally. "We always believed Didi had a big advantage in China because of the regulatory environment. The recent policy changes are exactly why we did not invest in the region," Alexandra LaManna, a spokesperson for Lyft, said in an email to MarketWatch. "Over the next few weeks, we will evaluate our partnership with Didi." With Didi's deal, Uber will also own a stake in Didi, according to the Wall Street Journal.

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