Didi Chuxing launches plan to turn car owners to car users - Automobility
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Didi Chuxing launches plan to turn car owners to car users

The Financial Times, April 24, 2018

To read the full article, please click here

Bill Russo’s quote:

“It’s a natural evolution for Didi,” said Bill Russo, founder of Automobility, a Shanghai-based investment advisory firm. “In China, more people ride on wheels they don’t own than on wheels they do own, if you look at the ride-hailers and the bike-sharers.”

“Right now Didi only addresses the short-distance commuter,” he added. “You wouldn’t put your child in a Didi to go to school. But if you were part of a mobility club, and had a known car with a known set of drivers that you recognised, then you would. It expands their use cases.”

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