Didi President on Beating, Buying Uber in China

Didi President on Beating, Buying Uber in China

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Business

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The transcript discusses the strategic response to Uber's entry into the Chinese market. Initially, there was fear due to Uber's financial power, but the team decided to compete by leveraging their understanding of the local market and working hard to develop new product lines. The company held daily meetings to strategize and motivate the team, ultimately leading to a successful competitive stance against Uber.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role did teamwork play in the company's strategy against Uber?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways did the company believe they understood the market better than Uber?

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