Newly merged Kuaidi-Didi reportedly controls 99% of Chinese taxi-hailing market, claims 6M rides per day, putting Uber's future in China at risk
In Wake Of Kuaidi-Didi Merger, Uber Faces An Even Tougher Battle In China — During the Lunar New Year in China, taxi-hailing app Kuaidi showered its riders with red envelopes. Tweets: @chen_liyan and @ellenhuet Tweets: Liyan Chen / @chen_liyan : Didi-Kuaidi now has a monopoly in China. Great analysis of Uber's plight despite Baidu's help by @ellenhuet @Forbes http://www.forbes.com/... Ellen Huet / @ellenhuet : Uber's two huge threats in China just merged. So what does Uber do? Explore a Chinese merger of its own, per report: http://www.forbes.com/... Expand More For Next Unexpand More For Next