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Is Didi Chuxing Grappling With a Pyrrhic Victory in China?

December 8, 2016 By Liu Sha

One could be forgiven for thinking that after purchasing Uber’s China operations, Didi Chuxing—which now boasts over 300 million users and over 80% of China’s market—would be on easy street. But things are never that simple in the Chinese market. Figures have shown Didi is losing users and drivers. Under strict Chinese local governments’ new policies, Didi may face bigger challenges than Uber China. Meanwhile more people cast doubts over its business model. Boasting a sharing economy model, car-pooling, the company now relies more on providing car-hailing services with prices lower than taxis to maintain its scale. Once the subsidies withdrew, users walk away.

Filed Under: All Articles, Automobile Industry, China, Consumers, Digital Economy, Know China, Technology, Winning in China Tagged With: Car Rental, Didi Chuxing, Sharing Economy, Technology, Uber

No Purchase Necessary: the Sharing Economy in China

February 3, 2015 By Colin Shek

The sharing economy has been threatening traditional industries in the West. Now it’s gaining a foothold in China.

Filed Under: All Articles, Best Practice, Consumers, Digital Economy, Innovation, O2O, The Chinapreneurs Tagged With: Airbnb, Car Rental, Chinese Consumers, Government Regulation, O2O, Sharing Economy, Slider, Uber, WeChat, Yongche

Yidao Yongche: Is China’s Uber Better than Uber?

January 7, 2015 By Major Tian

In just about three years, Yidao Yongche has carved a niche for itself in China’s car rental market. And now it is going global.

Filed Under: All Articles, Best Practice, Branding, Consumers, Conversations, Marketing, Q&A Tagged With: Baidu, Car Rental, Didi Dache, Government Regulation, Kuaidi Dache, Mobile Payments, Slider, Uber, Yidao Yongche

Uber in China: In for the Long Haul?

December 22, 2014 By Major Tian

Uber has plunged headlong into China’s immensely complex and hypercompetitive transportation and taxi app market. Can it win?

Filed Under: All Articles, Best Practice, Branding, Connections, Globalization, Strategy Tagged With: Baidu, Business Models, Car Rental, Competition, Didi Dache, Government Regulation, Kuaidi Dache, Slider, Taxi App, Uber

China Roundup: Baidu invests in Uber and the BYD stock price tumbles

December 18, 2014 By Major Tian

This week, the BYD stock price fell sharply, as did Geely’s; Baidu invested in ride-sharing company Uber; and China’s factory activity slowed further.

Filed Under: All Articles, Automobile Industry, China Round-up, Chinese Economy, Digital Economy, Finance, Know China, Stock Exchange, Technology Tagged With: Baidu, BYD, Car Rental, Coolpad, Didi Dache, Geely, Kuaidi Dache, PBOC, PMI, Qihoo, Slider, Uber

China Roundup: Taxi App Didi Dache Gets a $700 million Warchest

December 11, 2014 By Major Tian

This week, taxi app Didi Dache secured funding of more than $700 million, easily the biggest private investment in China’s mobile internet sector; LeTV announced an audacious plan to get into Tesla’s territory; and China’s import and export numbers slowed.

Filed Under: All Articles, China Round-up, Digital Economy, Finance, Know China, Policy and Law, Technology Tagged With: Alibaba, Alipay, Apps, Car Rental, Didi Dache, Investment, IPOs, Slider, Technology, Tencent, Uber

Share. Don’t Own: The Sharing Economy Takes Off

October 8, 2014 By Neelima Mahajan

Why own when you can share? Understanding the dynamics of the sharing economy which, by some estimates, will become a $115 billion industry by 2016.

Filed Under: All Articles, Best Practice, Conversations, Digital Economy, Know China, Marketing, Q&A, Resources, Videos Tagged With: Airbnb, Apple, Business Models, Car Rental, Environment, General Motors, Intellectual Property, iTunes, Sharing Economy, Slider, Tesla

China Roundup: The Chinese economy and structural changes; Baidu Eye; and Apple’s New Problem

September 5, 2014 By Major Tian

This week, figures from the HSBC/Markit PMI implied that the Chinese economy might finally be on the path to the much-need structural change; local government financing got a new breather; and Baidu launched its Google Glass competitor, Baidu Eye. The Broader Picture Last week, a flash Purchasing Manager Index (PMI) reading from HSBC and Markit […]

Filed Under: All Articles, China Round-up, Chinese Economy, Digital Economy, Know China, Manufacturing, Policy and Law, Technology Tagged With: Apple, Baidu, Car Rental, Google, HSBC, IPO, Labor, Loans, Local Government, PMI, Slider

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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