Didi And Uber Can’t Agree On Who Owns What In China’s Fierce Ride-Hailing Market

Digging up the correct figures on China’s ride-hailing market can be a challenge for onlookers, though it’s apparently also a struggle for the companies themselves.

According to Liu Zhen, the Senior Vice President of Strategy at Uber’s China division, the U.S.-founded company will overtake Didi Chuxing to become China’s top provider of private-car ride hailing services within 12 months.

“Last year we were only operating in eight cities with only a 1 percent market share,” she said at a Wall Street Journal conference on Friday, noting that the company has since accelerated to take over a third of the market.

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