The candidate conceded after enough votes had come in to show that he would lose.
Examples of concede
concede
Of course, I have to concede that the photographers have a better formal record.
From the telegraph.co.uk
Detectives, family and friends grimly concede there's a good chance she is dead.
From the sacbee.com
Even the the IPCC has had to concede that global warming appears to have paused.
From the independent.co.uk
Friedel beats away a Faurlin shot and Spurs concede a corner shortly afterwards.
From the telegraph.co.uk
Yesterday, it was forced to concede 50 such events had occurred in eight months.
From the nzherald.co.nz
Having spent a few weeks playing with it, I'd have to concede, all of the above.
From the techcrunch.com
Rather than face more protests, Mr Zardari would probably concede their demands.
From the economist.com
Even most proponents of a free market concede that some regulation is necessary.
From the businessweek.com
Because there is reluctance, bordering on paralysis, to concede what went wrong.
From the washingtontimes.com
More examples
Admit (to a wrongdoing); "She confessed that she had taken the money"
Be willing to concede; "I grant you this much"
Give over; surrender or relinquish to the physical control of another
Acknowledge defeat; "The candidate conceded after enough votes had come in to show that he would lose"
(conceding) concession: the act of conceding or yielding
To yield or suffer; to surrender; to grant; as, to concede the point in question; To grant, as a right or privilege; to make concession of; To admit to be true; to acknowledge; To yield or make concession; (of a bowler) to have runs scored off of one's bowling
To give an opponent a putt, hole, or match.
To quit the game. Conceding a game immediately causes that player to leave that game and lose that game. See rule 104, "Winning and Losing."