Uber and Didi Said to Merge in China

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Business, Other
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the estimated annual financial loss for Uber in China before the merger?
750 million dollars
2 billion dollars
1 billion dollars
500 million dollars
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to Travis Kalanick, what is crucial for building a sustainable business in China?
Achieving profitability
Increasing fundraising
Enhancing brand recognition
Expanding market share
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the main issues preventing Uber from going public?
Legal challenges
Investor dissatisfaction
Lack of market share
High operational costs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of market share does Didi reportedly hold in China?
90%
60%
70%
80%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategy did both companies use to compete in the Chinese market?
Increasing advertising
Expanding to new cities
Offering driver incentives
Reducing prices
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