Uber Technologies Inc., one of the world's biggest transport services, has merged with its prime competitor in China, Didi Chuxing. First founded in 2009 in San Franciso, California, Uber has further expanded its operations with its merger in China.
Three years ago, Travis Cordell Kalanick, founder of Uber, together with his China Team went to Beijing with the prospect of expanding the business.
According to Kalanick, many disagreed with this idea, under the belief that Uber is not a known name in China. However, Kalanick believed that expanding in China will be a great opportunity. In February 2014, Uber officially launched on China.
In just over 2 years, they were able to cater over 60 cities with a team of 800 drivers serving 40 million trips per week and more than 150 million trips per month. Despite its success, Kalanick believed that merging Uber China with Didi Chuxing is a great way to better serve the people. Didi Chuxing is a Chinese Transportation Network Company in Beijing, launched on 2012 and has been a “fierce” competitor since then.
With this merger, Uber China and Didi Chuxing believe that this kind of transport service will continue to grow stronger and pave way for innovation. Kalanic even stated that, with their China experience, Uber has become a better and stronger company.