RAJ REPORT

Should Australia have a RIDE-HAILING APP like Uber———The Chinese Ride-Hailing Startup That’s Out-Ubering Uber | WIRED————It also highlights some of the success Didi Kuaidi is seeing with its efforts to broaden its offerings beyond the core service for which it is best known. In China, the company is known to focus primarily on the taxi market. It’s used for 3 million daily taxi rides across 360 cities, according to the company. But more recently, it launched a carpooling service and has pushed into the premium-car service market—features known to be some of Uber’s strongest points internationally.

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It also highlights some of the success Didi Kuaidi is seeing with its efforts to broaden its offerings beyond the core service for which it is best known. In China, the company is known to focus primarily on the taxi market. It’s used for 3 million daily taxi rides across 360 cities, according to the company. But more recently, it launched a carpooling service and has pushed into the premium-car service market—features known to be some of Uber’s strongest points internationally.

Uber’s Plan

Uber, as expected, has an aggressive plan to secure its place in the enormous Chinese ride-share market. The company recently announced it would invest over $1 billion in China this year, and in his own letter to investors, CEO Travis Kalanick took a swipe at Didi Kuala’s expansion into services beyond the taxi market. “One competitor has cloned our core product line and is attempting to transition from its legacy taxi business to a similar P2P model,” Kalanick reportedly wrote in the letter.

 

The Chinese Ride-Hailing Startup That’s Out-Ubering Uber | WIRED.

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