didi chuxing

[Image source: Ofo website] These companies are targeting China's 700 million smartphone users to become the "Didi Chuxing
BEIJING -- Chinese companies, which have long been playing catch-up with their U.S. counterparts, are now leading the way. My time in the U.S. was like stepping backward in time.
"Beijing is really close to Silicon Valley in many aspects, and in some ways Beijing might be ahead."
CAPE TOWN, South Africa -- Provided it continues to grow globally, Uber could soon become the first foreign-owned tech company to truly flourish in China. After all, if Didi and its backers didn't consider Uber a real contender in the battle for the world's largest ride-hailing market, they would have stopped with the capital-raising bonanza some time ago.