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Oh come on, there is no denying that China subsidizes local businesses asymmetrically. I've lived in China and have used Didi.
by systemvoltage 7y ago
Oh come on, there is no denying that China subsidizes local businesses asymmetrically.
I've lived in China and have used Didi.
- chrischen 7y agoI don’t think you can claim definitively that that is why Uber lost. Uber lost in other markets too, like in Southeast Asia. I don’t think anyone can win this argument with you since you can always claim that the Chinese government favors local companies, so therefore ____ lost. But at least I can give some counterpoints: Tesla hasn’t lost in China.