TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Uber's China Rival Close to Raising $2B in New Funding

54 pointsby davidiachabout 9 years ago

8 comments

tluyben2about 9 years ago
I have used Didi quite a bit, it's somewhat easier to arrange custom deals with the drivers, like all-day-driver, etc. But the Uber experience was a lot smoother for simple rides from A->B, at least for foreigners. This is in Shanghai/Beijing and surrounding cities.
epynonymousabout 9 years ago
couple of notes, uber is backed obviously by google, but also by baidu which has deep governmental ties in china (sorry no reference, but the fact that it&#x27;s the number 1 search engine in china all these years should tell you enough). uber, in fact, uses baidu maps in china for gps.<p>didi is backed by tencent which is the whatsapp clone maker (wechat) and i think alibaba.<p>essentially it&#x27;s very easy for the chinese government to block out foreign web apps&#x2F;services, just create a rule on the great firewall followed by regulation to enforce large fines. but they havent done it yet, why? because imho uber and didi help to solve one of the government&#x27;s biggest urban problems, efficient transportation. yes, sometimes they have small scale crackdowns at airports and train stations to catch uber drivers, but that&#x27;s just for show to calm down the taxi companies which are government backed and didi, taxi companies have been known to go on strike causing the government to have to resolve things.<p>it used to also be that uber was only paying taxes in usa, but now they&#x27;re also lawfully paying taxes which should be another revenue stream for the government which is needed in this current economy.
yueqabout 9 years ago
I have used DiDi quite often when I was in Shanghai last year. It was a very pleasant experience comparing using Uber in China.<p>I&#x27;m very confident Didi will have a much larger impact than Uber, at least in Chinese market.
fossuserabout 9 years ago
I&#x27;d heard that the Chinese government unfairly favors local companies. Is this no longer the case?<p>Seems like it&#x27;d be difficult for uber to compete in a rigged game.
评论 #11644041 未加载
评论 #11643757 未加载
评论 #11644021 未加载
评论 #11643992 未加载
评论 #11644044 未加载
GordonSabout 9 years ago
What would they <i>do</i> with that much money?
评论 #11643648 未加载
评论 #11643708 未加载
评论 #11643655 未加载
评论 #11643357 未加载
评论 #11643302 未加载
评论 #11643604 未加载
krzrakabout 9 years ago
It&#x27;s sad when they write about you on Bloomberg and instead of your name there&#x27;s only &quot;Uber&#x27;s China rival&quot;...
评论 #11643644 未加载
desireco42about 9 years ago
Uber&#x27;s China rival has a name.
评论 #11643987 未加载
评论 #11643546 未加载
modanqabout 9 years ago
Both companies are hemorrhaging cash by operating in China. Its a game of who can survive longer, capital infusions are a way to lengthen the runway. Seems like an ugly battle.