Didi President Liu Says Autonomous Driving Is Years Away

The transcript discusses the company's financial status, including profitability and IPO plans, with a focus on the Chinese market. It highlights the customer demographics, primarily young adults and students, and the strategy to make technology accessible to all. The conversation shifts to autonomous driving technology, emphasizing the need for investment and talent to succeed in this field. The company leverages its large data network to advance autonomous driving, acknowledging the challenges and time required for widespread adoption.

What is one of the key differences in the Chinese market compared to others?

• Less demand for better life quality

• Ride-sharing is cheaper than car ownership

• Cheaper car ownership

• Higher cost of ride-sharing

Who primarily makes up the company's customer base?

• Middle-aged professionals

• Teenagers

• Retirees

• College students and young professionals

What is the company's approach to making its technology more accessible?

• Focusing only on young customers

• Limiting technology to urban areas

• Making technology accessible to everyone

• Targeting only high-income individuals

Why did the company decide to spin off its autonomous driving business?

• To avoid competition

• To reduce costs

• To focus on core business

• To attract top talent and make it independent

What is a significant challenge in making autonomous driving common?

• Limited market size

• Need for huge commitment in technology and resources

• Insufficient data

• Lack of interest from consumers