Friday, September 18, 2015

Didi-Lyft merge marks new monopoly in China’s ride-sharing market

In light of the latest ride-sharing*shakeups and hookups, Uber’s fate*hangs in the balance in China * Things are shaking up in the taxi app market, with so-called David*Didi Kuaidi*and Goliath Uber*seeing*interesting developments. Lyft is Uber’s biggest rival in the US. Didi Kuaidi is Uber’s biggest competitor in China. Lyft and Didi Kuaidi have joined forces...
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