“Uber faces an uphill task in Uber China especially since Didi Chuxing is multiple times larger by transaction value and city coverage, this will lead to favorable outcomes for both companies. The biggest benefit is cost savings, they no longer have to give out subsidies to drivers and passengers. It will give pricing power as the new entity will become the dominant player. That means profitability will come sooner than later.
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- Reuters 8 years ago
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"Richard Ji Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 25 Dec. 2024. <https://www.quotes.net/citizen-quote/214340>.
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