From Didi to Mobike to Luckin: How Money and Hype Are Distorting Digital China

Digital China has arrived. It has unicorns, huge market opportunities and a pervasive cultural impact. Everything is now at world-class scale. Unfortunately, the distorting impact of hot money and hype has also scaled up. And this appears to be increasing. Ride-sharing was the first big escalation in venture-type behavior. In 2015-16, in both China and […]

The 4 Superpowers Of China’s Digital Giants (Pt 2 of 3)

In Part 1 (here), I laid out how Alibaba has evolved in China. It was for a retail marketplace, but you can see a similar pattern in many of China’s digital giants. The next phase in this evolution is “new retail”, and it is changing this pattern in a big way (coming in Part 3). […]

How Didi And Ride-Sharing Are Different in Brazil: My Visit to 99 HQ. (Pt 2 of 3)

I recently visited the Didi-99 headquarters in Sao Paolo. In Part 1, talked about how driver needs and services are an area that appears to be particularly different in Brazil vs. China. Here are some other differences. Difference with China #2: How much to localize is an important question for ride-sharing globally. Uber, unfortunately, has […]

How Didi And Ride-Sharing Are Different in Brazil: My Visit to 99 HQ. (Pt 1 of 3)

China’s digital giants are going international. Sort of. Asia is viewed as a strategic requirement by many (Alibaba, JD). So we see a lot of moves there (Alibaba acquired Lazada). Payments (Alipay) and hotel bookings (Ctrip) are following Chinese tourists abroad. So they are going pretty much everywhere. For example, Ant Financial recently tried to […]

滴滴出行司机的一天 (第1部分,共3部分)

汪子明,已婚,上海本地人,同时也是一个小老板和滴滴出行司机。我最近和他坐下来聊了一会儿。我希望了解他作为一名滴滴司机的工作。他的生活是怎样的?他的生活有了怎样的变化?接下来有什么打算?

Didi vs. Uber Is Increasingly About Mexico and Latam (Video)

I had a fascinating time in Mexico City investigating Didi Chuxing’s first launch of an international operation in ride-sharing. And they are going against one of Uber’s strongholds, a country where they have 7M riders and 250,000 drivers. Didi vs. Uber in Mexico is going to be a fascinating fight. This video is my take […]

Why Mexico Is The New Frontline for Didi vs. Uber – and Mobike vs. Ofo (Pt 1 of 2)

Mobike has started in Mexico City’s upscale Polanco district, but this is part of wide launch across Mexico. They are going everywhere and are treating Mexico seriously.  That’s pretty awesome. If the big bike-sharing question of 2017 was “can these Chinese companies succeed internationally?”, the question for 2018 is now “how big can they get?” […]