Uber’s been facing crisis after crisis at home, but its rivals around the world aren’t slowing down.
Didi Chuxing is leading the international fight against Uber. The Chinese ride-hailing giant is using its considerable influence to shore up other regional ride-sharing competitors—with three global investments in markets Uber competes in over the past two months.
And that’s just the start. From strategic partnerships in the Middle East to investments in Southeast Asia, Uber is facing serious competition. These alliances among regional competitors may be fragile, especially since many of these companies compete against each other too, but they’re the best the rest of the ride-hailing world has got against Uber. Read more…
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