Here we go again!
https://www.recode.net/2018/4/23/17258666/uber-didi-ride-hail-cars-latin-america
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Seriously, how do they jump from coutry to country? I didn't attend business school, but is this normal. I would love to hear what aspects of the Mexico market a Chinese company found attractive. Maybe similariy to the US market? and a relatively smaller one at that, which they thought would be a good test?
Unlike the game of Risk, they do not have to expand only to adjacent spaces, huh? I feel like they skipped a bunch of spots.
Look at Ola. They started in India and went all the way to Australia.
Second? Isn't this the first? Finally they meet!
Maybe this will promote competition and the rates will fall farther and hence helping the consumers.
Wha. That'll destroy the drivers farther. No drivers, no rideshares.