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Uber is getting killed trying to compete with Didi in China
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The following comments relate to this news article:

Uber is getting killed trying to compete with Didi in China

article published on 20 February, 2016

According to Uber CEO Travis Kalanick, the company is losing a billion dollars a year trying to compete against rival Didi Kuaidi in China. Uber's China business is valued at $8.2 billion, but the ride-hailing service has yet to make a cent of profit thanks to intense price wars in mainland China. "We're profitable in the USA, but we're losing over $1 billion a year in China," added ... [ read the full article ]

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Posted Message
hearme0
Senior Member
_ 		21. February 2016 @ 11:03 _ Link to this message    Send private message to this user   
Soooooo............PULL THE FU*K OUT UBER!!!!!!!!!!!!!!!!

Dumb CEO! Not the brightest bulb in the box. He conjured a great idea and capitalized on it. Now the goof is trying to compete in China with all those shady-assed, thieving and hacking Chinese?!?!?!?!?

First off, why would you enter that market knowing how it is?

Second, knowing the competition from loser companies such as Alibaba, selling and scamming off every buyer, why would Uber even try to compete in a marketplace that is UNPROFITABLE AS IS due to competition?

Love the Uber idea but the people that invent this stuff ride a wave that eventually just becomes too big for them. Travis Kalanick is an unqualified moron! Uber will operate just fine, if not better when the CEO is removed from this planet.
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