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Episode 31: The Uber - Didi Chuxing Merger with Brad Stone, author of The Upstarts & The Everything Store
FromAcquired
Episode 31: The Uber - Didi Chuxing Merger with Brad Stone, author of The Upstarts & The Everything Store
FromAcquired
ratings:
Length:
75 minutes
Released:
Mar 1, 2017
Format:
Podcast episode
Description
Join the Acquired Limited Partner program! https://kimberlite.fm/acquired/ (works best on mobile) Topics covered include: The global surge in 2012 of entrepreneurs starting ridesharing companies, nowhere moreso than China Didi CEO Cheng Wei and investor Wang Gang’s backgrounds at Alibaba, first entrepreneurial effort in Momo, and Momo’s pivot to Didi Dache The culling of the ridesharing herd in China down to Didi Dache and Kuaidi Dache through brutal competition and involvement of the “big three” Chinese internet companies Rise of the Chinese messaging apps and associated mobile payments, and their impact on ridesharing The 2015 merger between Didi and Kuaidi, brokered in part by Russian VC Yuri Milner Uber’s decision to enter the Chinese market, and early success with investment and support from Baidu The first meeting between Uber CEO Travis Kalanick and Cheng Wei in 2015—which does not go well Subsequent “scorched earth” competition between Didi and Uber throughout 2015-16 Negotiating an armistice: Uber’s agreement to sell its Chinese operations to Didi in late 2016 End of the war, or just the beginning? January 2017: Didi invests $100M in Brazilian Uber competitor 99 Sustainable growth, and building moats versus scorching earth Followups: Stay tuned for real-time coverage of the Snap IPO coming here on Acquired! The Carve Out: Ben: Taming the Mammoth on Wait But Why David: Conversations with Tyler Podcast by Tyler Cowen, co-author of the Marginal Revolution blog Brad: Yuval Noah Harari (author of Sapiens)’s new book, Homo Deus: A Brief History of Tomorrow
Released:
Mar 1, 2017
Format:
Podcast episode
Titles in the series (100)
Episode 21: Inside the M&A Press with Bloomberg's Alex Sherman: Ben and David go inside the M&A press with Bloomberg’s technology M&A reporter and host of the Deal of the Week Podcast, Alex Sherman. If you’ve ever wondered how stories about big deals get broken or what “according to people familiar with the matt by Acquired