There are many, many ride sharing companies springing up across the globe. Several are now household names in many cities: Uber in many countries, Lyft in the US, Didi Chuxing in China and Ola in India. For South East Asia, many people know of - and use - Grab whilst in Brazil it is a company called 99. Many of the established companies own stakes in the others: Uber had for … [Read more...]
China Rideshare Update
A while back, I wrote an article about Didi Chuxing and their dominance of the rideshare market in China. Uber launched in the country to take marketshare - hoping that they would a) dominate and b) make a fortune. Didi made sure that was never going to happen taking 80% of the market! Back in August, Uber bailed out of the market. They had spent a small fortune trying to … [Read more...]
Ride Sharing – China style
I suspect that most readers of this article have heard of, or used, Uber. Some may know of Lyft in the US, however, how many have heard of Didi Chuxing (until recently called Didi Kuaidi)? I hadn't, until I read a magazine article about them. Note the logo - a tad close to Uber’s old one don’t you think? The company was formed by two of China's largest Internet … [Read more...]