It’s not been a year that Chinese ride-hailing giant
This means that Japan-based $4 is investing into Didi with a strategy in mind. It was $4, the 59-year old founder of Softbank, who encouraged Didi CEO
In the past, Son has convinced the Saudi Arabian government to fund $45 billion in SoftBank Vision Fund, something that a layman would consider nothing more than a simple vision for the future.
The person who should be worried with Son’s pace in investing in $4 is
Also read: $4
Didi, on the other hand, has been signing deals around the world under the leadership of CEO Cheng and President Jean Liu. It has most recently signed a deal that would allow Didi users to directly access Chinese bike-rental company Ofo Inc.
Son probably likes the collaborative approach that Didi has undertaken, thus finding himself prepared for Didi’s plans for global expansion and $4.
Uber, which is anyway unprofitable company, has been in a cash-burning battle with $4. Given the fact that Kalanick likes to operate alone, while Didi believes in cooperations, Uber would be in a continuous need of funding from VCs.
Didi, however, enjoys continuous support from a man who has $100 billion with him, and a century-long vision.
Fair fight, what do you think?