日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

Yidao eyes offering to take on rivals

By Ma Si | China Daily | Updated: 2016-03-02 08:28

Car-hailing company has been losing ground to Didi Kuaidi as sector gets locked into price war

Yidao Yongche, the Chinese online car-hailing company, is eyeing a domestic stock market listing as part of its plans to challenge local giant Didi Kuaidi and US firm Uber Technologies Inc.

Zhou Hang, Yidao's founder and CEO, said it has already started preparing for a public listing after Internet company LeEco Holdings Co Ltd took a 70 percent stake in the firm in October.

"Local investors have a better understanding of our business, and this makes it easier for us to attract domestic capital," he said.

Zhou did not disclose any details on when and where a listing might be but the company said earlier it was valued at more than $1 billion after LeEco, the smartphone maker and online video provider, spent roughly $700 million on its controlling stake.

Zhou also said Yidao would launch an improved version of its car-hailing service in the first half of this year by leveraging LeEco's resources in new-energy cars, smartphones, online videos and e-commerce sectors.

Yidao has been losing ground to Didi Kuaidi, which is backed by Alibaba Group Holding Ltd and Tencent Holdings Ltd, as well as the San Francisco-based Uber as the car-hailing sector becomes locked into a cash-burning battle to subsidize both drivers and users.

Yidao currently handles 500,000 orders a day and is planning to raise that to 1 million by the end of this year.

"The key to surviving this fierce battle is to find the right business model, and Yidao is working closely with LeEco in that direction," Zhou said.

LeEco said on Thursday that its chief marketing officer Peng Gang would serve as the president of Yidao, and that its associate investment director Sun Ke would act as its vice-president, in the hope of boosting the company's competitiveness.

"We know it takes huge resources to get involved in the cutthroat ride-hailing sector," Sun Ke said on Tuesday.

"But LeEco will take whatever steps it needs, to equip Yidao with abundant ammunition."

Zhang Xu, a researcher at Beijing-based consultancy Analysys International, said thanks to LeEco's financial support, "Yidao is now the one offering the biggest subsidies to consumers and drivers among the major players".

But he remains skeptical that will be enough for it to catch up with its rivals.

Latest figures for the fourth quarter of 2015 suggest Didi Kuaidi holds more than 79 percent of the Chinese car-hailing market, with Uber accounting for 8.7 percent.

"Yidao's market share is so small that we have not even given it an independent reading," Zhang said. "We think it unlikely it will go public soon, as it still lacks a mature business model."

[email protected]

Yidao eyes offering to take on rivals

A Yidao Yongche stand at the Global Mobile Internet Conference in Beijing in 2014.Provided To China Daily

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 日韩精品一区二区在线观看 | 久久视频这里只有精品35 | 伊人久久综合 | 97精品久久 | 日本在线网站 | 好男人www. | 婷婷色综合网 | 日本高清在线中文字幕网 | 91国在线产 | 中文字幕一区二区三区四区五区 | 国产精彩视频 | 免费看黄a| 无码色情影片视频在线看免费 | 懂色一区二区三区免费观看 | 久久精品视频网站 | 亚洲国产系列久久精品99人人 | www.五月婷 | 5060网午夜 | 奇米影视第四色7777 | 人人模人人干 | 99在线精品免费视频九九视 | 草草草影院 | 看亚洲a级一级毛片 | 99久久久国产精品露出 | 国产九九在线视频 | 性香港xxxxx免费视频播放 | 男女做性无遮挡免费视频 | 色老头久久网 | 日韩欧美一区二区三区不卡在线 | 国产成人精品.一二区 | 国产一级免费视频 | 久久9966e这里只有精品 | 一级毛片免费 | 日本高清色www | 黄色精品 | 色综合久久88色综合天天 | 日日干夜夜干 | 亚洲欧美国产另类视频 | 亚洲国产精品一区二区第一页 | 性欧美26uuu在线观看 | 色老头久久网 |