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>>first order of business was to move beyond the taxi roots and emulate Uber’s model whole cloth Typical Chinese approach. What options do companies have when
by frozenport 11y ago
>>first order of business was to move beyond the taxi roots and emulate Uber’s model whole cloth
Typical Chinese approach. What options do companies have when this happens?
- askafriend 11y agoNothing. It is China. All bets are off.
- chenster 11y agoLyft realized this and decided to partner with Didi to get market share http://www.wired.com/2015/09/lyft-didi-kuaidi/ http://www.wired.com/2015/09/lyft-didi-kuaidi/. It's the old saying that your enemy's enemy is your friend, especially true when you knew you cannot win.
- Asbostos 11y agoHow is that a problem? They don't have IP protection on the idea. It's quite fair and lawful for another company to copy it. They still need to overcome network effects and actually implement it. As the article shows, this was hard.
- adventured 11y agoThe parent comment didn't say they did have IP protection, nor that it was unlawful. They asked how a company can or should respond in order to compete effectively. It's a huge problem for most any company anywhere: how to compete when your competition is able to effectively clone you (not to mention if they have other advantages you inherently can't match in the market in question).
- fspeech 11y agoGP specifically said "Typical Chinese approach". Contrast with what you said "It's a huge problem for most any company anywhere", which is more reasonable. Additionally, while "it's a huge problem for most any company anywhere", if there were no competition, it would be a huge problem for society.
- fspeech 11y agoAlso, it is just Forbes' words that Didi "emulate Uber’s model whole cloth". Fortune has a different perspective "But Didi has some built-in competitive advantages, by virtue of the fact that it was in the market earlier and that it designed its business for the Chinese market, instead of trying to import a template perfected elsewhere." http://fortune.com/2015/09/30/will-china-be-ubers-waterloo/ http://fortune.com/2015/09/30/will-china-be-ubers-waterloo/ The Fortune article gave more details about Didi's model.