After beating Uber in China, Didi Chuxing wants to go global

From CNET: Didi Chuxing took on Uber in China and won. Now the Chinese ride-hailing goliath expects to do the same around the world, even without home field advantage.

"We believe the expertise we built in China can benefit another market," Jean Liu, Didi Chuxing's president, said Tuesday at the Wall Street Journal's WSJ.D Live conference in Laguna Beach, California.

Liu wouldn't give specifics, telling the audience to "stay tuned."

Didi Chuxing has long been referred to as "China's version of Uber." It boasts 20 million rides a day, Liu said, three times more than the rest of its international rivals combined. In July, Uber dropped out of the Chinese market and sold its assets there to Didi Chuxing.

The Chinese company operates in Beijing, a city with more than twice New York's population, and stakes its success on analyzing a massive amount of data, nearly 70 terabytes a day.

View: Article @ Source Site