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Published · transcript-backed

David Rosenthal: prediction

1 Mar 2017 Acquired The Uber - Didi Chuxing Merger with Brad Stone, author of The Upstarts & The Everything Store

“An armistice may be signed but I predict that we will see more Uber and Didi going head to head throughout the world in years to come.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
prediction
Recorded
1 Mar 2017
Publisher
Acquired

Transcript context

…Got you. Let’s move on to acquisition category and then come back to grading. But before I do, I just want to say we’re recording this episode here in the middle of February in 2017, you know, because the deal has happened but the story is kind of far from over. Just last month Didi announced that they were going to invest $100 million in a company called 99 which is the primary Uber competitor in Brazil. So they sort of, you know, all is quiet on the eastern front of the battle in China but I think the war is not yet over. An armistice may be signed but I predict that we will see more Uber and Didi going head to head throughout the world in years to come. Yeah. The interesting analogy is it was the battle for China is settled but at the end of the day, these are both global companies and if not now, then that’s an aspiration in the future.…

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