China’s ride-hailing king DiDi faces uphill battle in Russia
Protectionism and fierce competition await the onetime Uber-slayer
MOSCOW -- China's ride-hailing giant DiDi Chuxing is preparing to make its debut in Russia, the latest step in the company's ambitious global expansion -- but one that experts say is unlikely to be easy, citing established local competitors and protectionist attitudes.
DiDi has begun recruiting drivers in the southwestern city of Kazan, offering applicants earnings starting from 3,000 rubles ($41) per shift, surcharges for every order, and a commission rate of only 10%.
Sources within the Russian taxi industry expect DiDi to launch in Kazan as early as this month (August), Russian business daily RBC reported in July. From there, the company is looking to expand its operations to Yekaterinburg, Nizhny Novgorod, Moscow, and St. Petersburg before the end of the year.
https://asia.nikkei.com/Business/China-tech/China-s-ride-hailing-king-DiDi-faces-uphill-battle-in-Russia
#asia #china #russia #DiDi
Protectionism and fierce competition await the onetime Uber-slayer
MOSCOW -- China's ride-hailing giant DiDi Chuxing is preparing to make its debut in Russia, the latest step in the company's ambitious global expansion -- but one that experts say is unlikely to be easy, citing established local competitors and protectionist attitudes.
DiDi has begun recruiting drivers in the southwestern city of Kazan, offering applicants earnings starting from 3,000 rubles ($41) per shift, surcharges for every order, and a commission rate of only 10%.
Sources within the Russian taxi industry expect DiDi to launch in Kazan as early as this month (August), Russian business daily RBC reported in July. From there, the company is looking to expand its operations to Yekaterinburg, Nizhny Novgorod, Moscow, and St. Petersburg before the end of the year.
https://asia.nikkei.com/Business/China-tech/China-s-ride-hailing-king-DiDi-faces-uphill-battle-in-Russia
#asia #china #russia #DiDi
Nikkei Asia
China's ride-hailing king DiDi faces uphill battle in Russia
Protectionism and fierce competition await the onetime Uber-slayer
Chinese city regulators suspend Didi's new ride-hailing service
BEIJING (Reuters) - Local city regulators in China have asked Didi Chuxing to suspend its new standalone ride-hailing service, citing a lack of operating licenses for the platform in their regions.
Didi, China’s biggest ride-hailing company and backed by Japan’s SoftBank, in July launched a new service named “Huaxiaozhu” that targets younger customers and offers cheaper rides compared to its main app.
The eastern city of Hefei said on Wednesday on its website it has asked Huaxiaozhu to stop operating in the city as it did not obtain all the required licenses to offer ride hailing service.
https://www.reuters.com/article/us-didi-chuxing-china/chinese-city-regulators-suspend-didis-new-ride-hailing-service-idUSKBN25N0TO
#Asia #China #DiDi #ride #hail
BEIJING (Reuters) - Local city regulators in China have asked Didi Chuxing to suspend its new standalone ride-hailing service, citing a lack of operating licenses for the platform in their regions.
Didi, China’s biggest ride-hailing company and backed by Japan’s SoftBank, in July launched a new service named “Huaxiaozhu” that targets younger customers and offers cheaper rides compared to its main app.
The eastern city of Hefei said on Wednesday on its website it has asked Huaxiaozhu to stop operating in the city as it did not obtain all the required licenses to offer ride hailing service.
https://www.reuters.com/article/us-didi-chuxing-china/chinese-city-regulators-suspend-didis-new-ride-hailing-service-idUSKBN25N0TO
#Asia #China #DiDi #ride #hail