3 ms·
You're grossly overstating things. 17.5% stake in Didi Chuxing is nothing to scoff at, especially considering that Uber has done better than both Facebook and
by malandrew 9y ago
You're grossly overstating things.
17.5% stake in Didi Chuxing is nothing to scoff at, especially considering that Uber has done better than both Facebook and Google as far as China is concerned. Apple is the only US tech company that is really succeeding in China.
33.6% stake in YandexTaxi and international Uber users can continue to use the app to hail Yandex drivers when visiting Russia. That's also far far better than Facebook and Google have fared in Russia.
In India, Uber is beating Ola. In Latam, Uber is easily beating both 99Taxis and EasyTaxi. In the Middle East, Uber is beating Careem. Uber is absolutely dominating in Mexico and other Latam countries.
Besides Didi Chuxing and YandexTaxi, the only international competitor doing well relatively against Uber is Grab, and AFAICT, Grab's success relative to Uber is largely isolated to Grab's home country Malaysia and Indonesia where they have invested most heavily. If you take all of Southeast Asia, it appears to be neck and neck.
Uber is doing well in relatively well in Europe all things considered, and winning in Europe is just a matter of time. I highly doubt the local taxi offerings will survive autonomous vehicles.
- 0xB31B1B 9y agoGojek is also crushing Indonesia. They started a bankless payments system and are expanding beyond just rides now, pretty cool stuff that dominates in their own market.