What's next for DiDi?
What's next for DiDi? (Bloomberg) -- China's biggest ride-hailing company, Didi Global Inc., aims to list shares on the Hong Kong stock exchange next year, plotting a comeback from an ill-fated initial public offering in New York in 2021, according to people familiar with the matter. Will Xi Jinping's Gamble on Vladimir Putin Pay Off?
Is DiDi bigger than Uber?
Uber is technically worth more - with a market capitalisation of $95 billion… versus Didi's $67 billion. From 2018 through 2020, Didi was loss-making. But in the first quarter of this year, the company turned that around with a $30 million profit.
What is the market share of DiDi vs Uber?
Its main rival, 99 — owned by Chinese ride-hailing company Didi Chuxing — has an estimated 750,000 active drivers in Brazil and a 35% market share. Both companies have a combined 28 million Brazilian active users. Since 2020, Uber has taken 7% Brazilian market share from Didi.
How is DiDi different from Uber?
The business model of DiDi. Source. Both Uber and DiDi operate in the same, two-sided market in which drivers are being connected with customers. Uber has positioned itself as a luxury brand with a variety of high-end vehicles and services, while DiDi has chosen to focus on low-cost services that substitute for taxis.
Does DiDi have a future?
From the industry trend, it is probable that Didi will continue to focus on international business and driverless technology in the future. Didi's international business, as the only growth segment among the three major businesses in 2022, is one of the key strategies for the company's development.