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Chinese Ride-share King Didi Chuxing Could Go Global

Accepted submission by Phoenix666 at 2016-10-27 14:24:47
Software

Fresh from forcing Uber to back down in China, ride-sharing king Didi Chuxing plans to put what it knows to work in other parts of the world.

"We aspire to be a global company; we think it's our mission [phys.org]," Didi Chuxing president Jean Liu said at a WSJD Live global technology conference that ended Wednesday in Laguna Beach, California.

"We feel the expertise and knowledge we build in China can benefit other markets."

Didi would like to collaborate with local ride-sharing companies where possible, but will consider launching its own operations in places where such services do not exist, she said.

Liu maintained that Didi has good partnerships with Lyft and Uber in the US market.

Didi, which claims almost 90 percent of the China ride-hailing market, announced the tie-up with Uber nearly three months ago, ending a ferocious battle for market share that saw it and Uber spending billions of dollars on subsidies for drivers and passengers.

Are Miandi's [beijingimpression.cn] coming to a market near you?


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