Chinese Car App Fights Uber With Free Rides

May 22nd, 2015 Posted by China Business Development No Comment yet

Alibaba is a shareholder in Chinese car-hailing app operator Didi Kuaidi. Guess what tactic Jack Ma used in 2002 to fend off eBay?

eBay is a shark in the ocean. We are a crocodile in the Yangtze River.
If we fight in the ocean, we will lose. But if we fight in the river, we will win.

Jack Ma,
CEO Alibaba Group

Read the full Bloomberg article here.

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