On Oct 22, I was interviewed by China Radio International on the topic of the Chinese car-hailing app Didi Kuaidi and their recent approval of a license for Shanghai. There are two experts being interviewed. My part starts around 09m:22s.
Car-hailing mobile apps such as US-based Uber and its Chinese competitor, Didi Kuaidi, have hit the headlines in many countries across the world over the last few years, but not always for the right reasons. Now, Didi Kuaidi has obtained the first license for a company of its kind in China, allowing it to operate legally in the city of Shanghai.
So, how do these companies operate? What will the introduction of licenses mean for their business models? And can either one of them win the battle for dominance in the Chinese market?
Ni hao, you are listening to People In the Know, presenting you with insights into the headline news in China and around the world. I’m Nick Lanigan in Beijing.
In today’s program, we are joined by Victor Gao, a current affairs commentator and Matthias Hendrichs, managing director of Gao Feng Advisory Company, a global strategy and management consulting firm.