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Hard to compete when the government interferes in favor of your competitor. Many western companies investing or competing in China don't realize how stacked the
by kesselvon 10y ago
Hard to compete when the government interferes in favor of your competitor. Many western companies investing or competing in China don't realize how stacked the cards are against them. Either you're left with a very tiny share of the market, or your joint Chinese partners are going to plunder your IP and start undercutting your business.
- snaky 10y agoWhile investors are willing to pay real money for the slide "Our Growth in China is So Amazing!", life is good for Travis and others.
- marme 10y agopeople dont understand how much this was happening to uber. Police were actively stop uber drivers and fining them for operating as illegal taxi while not stoping any didi kuaidi drivers. In some cities they even had uber banned by the local government with threats of arrest for anyone who drove for uber in the city while allowing didi kuaidi to operate. There has been so much kick back and inside dealing by didi kuaidi that uber never had a chance