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this is bad news for Lyft who Didi basically just abandoned after partnering with them and were hoping that Uber would self implode by overspending in China, Ub
by flylib 10y ago
this is bad news for Lyft who Didi basically just abandoned after partnering with them and were hoping that Uber would self implode by overspending in China, Uber has got the US market on lock
https://techcrunch.com/2016/04/11/lyft-and-didi-kuaidi-launching-cross-platform-service-this-week-in-u-s/ https://techcrunch.com/2016/04/11/lyft-and-didi-kuaidi-launc...
- pfarnsworth 10y agoMaybe Lyft already knew this, which is why they have been trying to sell themselves.
- erdevs 10y agoMaybe it's bad for Lyft, or maybe it's good. Has it been confirmed that the partnership is void or defunct? If the partnership remains in place, then this is likely a good thing for Lyft. Recall that, unlike Uber, Lyft wasn't trying to storm China and establish itself as a direct player there. Rather, they established a collaboration with Did whereby each company's customers could benefit from the other company's services in their respective countries. As such, assuming the partnership remains alive, this would mean Lyft has an even stronger partner now in China.