The United States and United Kingdom aren’t the only nations embracing the Uber craze. One of the fastest growing economies in the world is joining the movement.
Uber expands in China. This ride-hailing app will expand to over 100 Chinese cities over the next year. That’s double of what Uber’s goals were just a few months ago. Chief Executive Travis Kalanick ?made this known in a speech in Beijing. Over four billion dollars were raised in a short time to make this happen. And now it’s happening by leaps and bounds. “When we started this year, we were about one percent market share. Today, nine months later, we’re looking at about 30 to 35 percent market share,” Kalanick said of Uber growth in China. Uber executives and investors bank heavily on China’s online transport market to become the biggest and most lucrative of them all. They’re even welcoming the Chinese government’s new regulations. That’s a far cry from other nations Uber has invaded (no pun intended). Kalanick spoke of the importance of a good relationship with China’s Internet services. Kalanick bragged about China’s ahem…’progressive’… government and services. This showering of praise came right after the Chinese Internet search leader demonstrated a smartphone finding services on it’s own with no human assistance.
Okay, China is the fastest growing economy in the world. In a few years, it might be the top economy in the world, whether we Americans like it or not. But look at the way Kalanick is kissing up to Chinese officials. I don’t remember Uber leaders rolling out the red carpet to other nations. I wonder how the Chinese people will respond to Uber. In the US and UK, Uber has done well. Uber has also been met with massive resistance from San Francisco all the way to London. No wonder why Kalanick is kissing up to China. Will it work?