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New regulations may hit Didi-Uber and give Yidao Yongche a chance: an interview with Yidao’s CEO

August 22, 2016 By Liu Sha and Deng Yuanyuan

Yidao Yongche was the first car-hailing business in China. At first, the company was badly affected by opposition from local authorities—but later on was hit by the rise of Didi and Uber China, which became popular through subsidies and low prices. In July, Chinese authorities finally legalized car-hailing apps and stipulated that unfair competition, such as steep discounts and subsidies, should stop. So will Yidao seize the opportunity and grow? Zhou Hang, CEO and founder of Yidao, talks about his company and the future of the “internet of cars”.

Filed Under: All Articles, C-Suite Interview, Conversations, Know China, Q&A, Strategy, The Chinapreneurs Tagged With: Didi Dache, Sharing Economy, Uber, Yidao Yongche

Uber China Faces a Massive Challenge in the China Market

July 12, 2016 By Claire van den Heever

Uber China, a massive expansion challenge

Doing business in China has never been easy for foreign-owned companies, but Uber has largely managed to avoid conflict by operating as a separate Chinese subsidiary, Uber China, on the mainland. However, Uber China still faces many challenges: competing with Didi, not being profitable, and even worse, its business has always been riding on a government regulation fence. In a market that is as challenging, and competitive as China’s, the answer to winning over China’s smartphone users lies deeper than just competitive pricing or partnerships.

Filed Under: All Articles, Automobile Industry, Consumers, Multinationals in China, O2O, Policy and Law Tagged With: Competition, Didi Dache, O2O, Uber

The Online Sector in China: When Rivals Work Together

January 11, 2016 By Li Hui

In 2014 rival taxi apps Didi Dache and Kuaidi Dache engaged in a fierce price war that left onlookers stunned. According to multiple sources, Didi and Kuaidi altogether splashed over RMB 2 billion (approx. $376 million) on subsidizing customer ride fares. Yet in early 2015, the two bitter rivals announced their decision to merge. It made little sense. They couldn’t possibly have buried the hatchet that soon. Cases like Didi-Kuaidi are becoming common in China’s internet industry, spanning areas like online travel, group buying and classified advertisement websites. Why is China’s online sector witnessing a series of frenzied mergers, acquisitions and partnerships between sworn rivals?

Filed Under: All Articles, Entrepreneurship, Know China, Mergers and Acquisitions Tagged With: Alibaba, Baidu, Ctrip, Dianping.com, Didi Dache, Meituan, Mergers and Acquisitions, O2O, Qunar, Tencent

Market Entry: To Boldly Go Where Others Have Gone Before

December 22, 2015 By Brian Viard

The opening of the 1960s television show Star Trek which followed the voyages of the Starship Enterprise explained that its crew’s mission was “to boldly go where no man has gone before.” For firms the mission can be quite different as they often have to go where others have already gone. Unless a firm is the first to enter a market, it will face one or more incumbents upon entry. In such cases, how should a firm decide whether and where to enter? A look at how this worked out in the case of Uber and Didi Kuaidi in China’s competitive taxi hailing app market.

Filed Under: All Articles, Consumers, ExpertSpeak, Invisible Hand Revealed, Know China Tagged With: Competition, Didi Dache, Invisible Hand Revealed, Taxi App, Uber

How BAT and Xiaomi are investing in other companies

November 10, 2015 By Li Hui

China’s internet world is ruled by three big players: Baidu, Alibaba and Tencent, collectively known as BAT. The three companies generated revenues of $20 billion in 2013 and $8.16 billion in the third quarter of 2014. The big three account for a significant, and perhaps disproportionate, share of China’s internet market. Another technology company that has risen to prominence pretty quickly is Xiaomi. BAT and Xiaomi are quickly making inroads into new areas outside their core business—by either investing in or acquiring companies. Take a look at the brand and companies that are backed by these four companies.

Filed Under: All Articles, Digital Economy, Infographics, Mergers and Acquisitions, O2O Tagged With: Alibaba, Baidu, Didi Dache, Infographics, Investment, Kuaidi Dache, Mergers and Acquisitions, Tencent, Uber, Xiaomi

Understanding China’s Anti-Monopoly Law

June 29, 2015 By Colin Shek

At times controversial, China’s Anti-Monopoly Law is playing an increasingly important role in the country

Filed Under: All Articles, Connections, Know China, Mergers and Acquisitions, Multinationals in China, Policy and Law, Winning in China Tagged With: Antimonopoly, Didi Dache, Foreign Acquisitions, Government Control, Mergers and Acquisitions, Microsoft, Slider

Didi Dache-Kuaidi Dache Wants to Do More Than Just Drive you Home

May 12, 2015 By Major Tian

Cheng Wei, founder and CEO of Didi Dache, on how the combined entity of Didi Dache and Kuaidi Dache will evolve into a full-service transportation platform

Filed Under: All Articles, Best Practice, Digital Economy, Strategy, Technology Tagged With: Alibaba, Competition, Didi Dache, Kuaidi Dache, Slider, Taxi App, Tencent, Uber, Yidao Yongche

Of Rickshaws, Cats and Uber China

April 23, 2015 By Li Hui

Uber China is going all out to woo customers with quirky promotions. Here’s how.

Filed Under: All Articles, Best Practice, Creativity, Marketing, Strategy, Winning in China Tagged With: Didi Dache, Kuaidi Dache, Localization, Marketing Strategy, Slider, Uber, Yidao Yongche

China Roundup: Is the Chinese Economy Rebalancing?

January 8, 2015 By Major Tian

Tencent launched China’s first private bank, local governments vowed to crack down on ride-hailing apps, and with China set to miss its growth targets, it is being speculated that the much needed economic rebalancing has finally kicked in.

Filed Under: All Articles, Banking, China Round-up, Chinese Economy, Digital Economy, Finance, Know China, Technology Tagged With: Alibaba, Chinese Economy, Didi Dache, Fosun, GDP Growth, Kuaidi Dache, PBOC, Slider, Taxi App, Tencent

China’s Taxi Apps Fight it Out: Didi Dache vs Kuaidi Dache

January 8, 2015 By Li Hui

A look at China’s fast-changing market taxi app market, and how the two big rivals, Tencent-backed Didi Dache and Alibaba-backed Kuaidi Dache, are burning cash to outdo each other.

Filed Under: All Articles, Best Practice, Digital Economy, Infographics, Marketing, Technology Tagged With: Alibaba, Didi Dache, Infographic, Kuaidi Dache, Mobile Apps, Slider, Taxi App, Tencent

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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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