Didi Chuxing beat Uber, but was it fair and square?
Soon after Uber all but admitted defeat in China last week, the narrative emerged that the American firm's failure came down to unfair home-ground advantage for Didi Chuxing, the main domestic competitor.
Sure, it's easy to point to other companies that have run up against barriers to entry in China. The country has accrued something of a reputation for having spurned giants like Google, Facebook and Amazon for homegrown companies.*
Uber fit nicely into that group, but blaming China's government for its shortcomings trivialises how well Didi Chuxing managed to steadily take over the market over the years — and how well it had integrated itself into the country's existing web culture. Read more...
08-11-2016, 08:12 AM
Didi Chuxing beat Uber, but was it fair and square?
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