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A comment on Uber to Sell China Business to Rival Didi After Losing Billions. Parent comment

Re:Uber to Sell China Business to Rival Didi After Losing Bi... by rahulgulati on Monday August 01, 2016 @02:19AM (#12200511)
One of the factors for Rest of the world vs China gap could be the ticket size of a cab ride. A 5km Uber ride in India/China/SE-Asia costs $1.5 on an average, while in developed countries its $15 on an average (10X). So, I guess, it's value over volume for Uber and markets that are on fast-track to profitability.

source - http://www.priceoftravel.com/6536/price-of-a-5-kilometer-ube...

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Re:Uber to Sell China Business to Rival Didi After Losing Bi... by yomly on Monday August 01, 2016 @06:44AM (#12201368)
Spot on - ubers in China were easily 70% cheaper for me (coming from the UK). I don't think the volumes were appropriately bigger.

Also seemed like Uber were going wild at the time - Easter weekend was totally free for all riders all weekend iirc.

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