(no title)
anon8418 | 10 years ago
MS, Android, etc. those are outliers and every story has one. The reality is, the vast majority of foreign companies looking to dominate Chinese market share have met their demise.
I would say _especially_ so for companies that are displacing local operators.
Just think how mad the US taxi industry is about Uber. Now imagine if Uber is owned/operated by Jose in Mexico City. You think our politicians wouldn't regulate the hell out of it? You expect less from the Chinese?
In regards to Didi Kuaidi. Sure they'll be regulated too, but when it comes down to the wire who do you think the government will side with?
free2rhyme214|10 years ago
I respect that you have a different opinion but you shouldn't assume so easily.
I recently worked for a Chinese software company for over three years. I helped them IPO in China last year before the Chinese stock market collapsed. I know how hard it is to breakthrough in China because my last company had more success in North America and EMEA than APAC. Chinese regulation is hard but I'll side with Uber any day because I believe in Travis and his team, even if you don't.
anon8418|10 years ago
You are assuming my opinion is easily formed, when it is based off of lots of experience in China and discussions with a wide network of people with even more experience in China.
Uber may succeed in China, but it will be at the blessing of the CCP (another HN commentator raises one possibility: if Chinese investors own a majority of the company). To think "Travis and his team" have any real control in China is - no offense - totally naive.
unknown|10 years ago
[deleted]