times of models and the haves platforms that are being rolled out by folks like alibaba, tencent, ba iduhorse is already gone. these businesses now have built such large and robust and motive platforms that are not just battle tested in china, but are beginning to go global and they are taking on new geographies in southeast asia, india, you are going to see i think in many ways you are right. the ship has sailed. haidi: stay with us, ben harburg. a lot more to talk about, including specific companies. divesting.company this is bloomberg. ♪ rishaad: you are back with bloomberg markets. in hong kong, i am rishaad salamat. haidi: i'm haidi lun. uber is facing new charges. the deal with grab reduces losses ahead of a planned ipo next year. i want to bring back benjamin harburg, a managing director at msa capital, which has invested in uber. we see this trend in the strategy arrive, whether it is intentional or not, uber retreating from another high-performing, highly lucrative market. and also, i guess another victory. do you like this strategy? do you think it makes sense for uber? thinkd