I just realized that Uber doesn’t have a dominant big market. Is it possible that DIDI will massive subsidize rides in Australia to gain market share from Uber as it has cash and a big source of revenue from China. So it’s like DIDI will utilize its profit to eat the pie from Uber little by little ? Just wondering if this is likely?
Uber has some ownership in DIDI I think
But any market share it gains from Uber, itself owns 80% and given back Uber 20%. Isn’t a much better deal? Also DiDi seems have invested in Lyft
Didi won’t succeed outside China, can you imagine Didi invest in safety? The cost of fatality is too small so they won’t bother, but it will ruin its business in other countries, this is just one of many mindsets any Chinese companies have. Everything is different outside China, not everything is about money
Here it comes another Uber boy full loaded with Kool Aid! Keep bragging, Uber On!
Debate with logic if you disagree, it’s not cool to throw out shit without any ground, as someone lived there for 20+ years, I know what Im talking about, if it’s koolaid, it’s my own
IMO, if Google is able to launch Waymo(carpool) at scale then it is likely to gain market share ..I’ve always been skeptical about Uber/lyft business model specially when it comes to making profit.
Uber will make enough cash from IPO to sustain in Australia
Australia business is profitable
What’s a DIDI?
It's DiDi, the Uber competitor?.
Yes!