Uber negotiating deal with Chinese carpooling application Dida
an original article by inautonews
Publicado por Liuyang
miércoles, 01 de abril de 2015 a las 16:50
In a market dominated by two local powerhouses, Didi Dache and Kuaidi Dache, California-based Uber Technologies still believes it can expand its ride-sharing services, and the latest move according to an investor is to partner with another local firm – Dida Pinche.
Andy Zhang, chief financial officer of Bitauto Holdings Ltd, a Dida investor, told Reuters he had previously met with Uber chief executive officer Travis Kalanick in Beijing to negotiate a possible investment or partnership. The market in China for mobile ride-hailing services has become a swiftly growing venue, but so far Didi and Kuaidi have come to reach a near monopoly position and also last month announced they would join forces in a $6 billion deal. If Uber invests in Dida the US-based company could have a second way of reaching the market – even though ridesharing apps have also had a trouble birth in China. Regulators in Beijing emulated other officials in cities across the globe in deeming such apps illegal – claiming they have drivers earning revenue form other people without gaining first the proper commercial licenses.
Vía: inautonews
01/04/2015 16:50 | Liuyang
https://asianentrepreneurship.emprenemjunts.es/?op=8&n=10882