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The ARPU # is mis-leading. According to the Economist article, 85% of the revs are from gaming, not "to hail a taxi, order food delivery, buy movie tickets, pla
by pbreit 11y ago
The ARPU # is mis-leading. According to the Economist article, 85% of the revs are from gaming, not "to hail a taxi, order food delivery, buy movie tickets, play casual games, check in for a flight, send money to friends, access fitness tracker data, book a doctor appointment, get banking statements, pay the water bill, find geo-targeted coupons, recognize music, search for a book at the local library, meet strangers around you, follow celebrity news, read magazine articles, and even donate to charity."
- yomly 11y agoI asked a Uber driver in China why he thought DiDiKuaiChe (local competitor) was more popular, and he said "because you can order one through WeChat... And everyone has WeChat" Of those services, gaming is probably the most mature which is why it generates the most revenue, but give it a few years and I'm sure more of those will become far more significant..
- yomly 11y agoI asked a Uber driver in China why he thought DiDiKuaiChe (local competitor) was more popular, and he said "because you can order one through WeChat... And everyone has WeChat" Of those services, gaming is probably the most mature which is why it generates the most revenue, but give it a few years and I'm sure more of those will become far more significant..