Opponents are rushing to take advantage of China’s Didi defense

Anti-Didi Chuxing programs are rushing to attract drivers and users as they seek to take advantage of cyber security fraud on a Chinese horse-riding leader following their New York roster.

Didi counts 90 Percentage of all cars in China, but 230 programs riding in the country are trying to meet their demands, speed up plans, offer discounts and promote driver incentives, experts said.

Many of Didi’s critics are also backed by Chinese production directors. Cao Cao, a Geely-powered public transportation system, will soon cut the price of digital coupons that give users discounts and benefits at a rate of about one-third.

T3 Chuxing, an online taxi taxi service in Nanjing set up by three of China’s largest car manufacturers including the FAW Group, has announced the expansion to 15 cities, according to a report by Chinese journalists. The company did not respond to a request for comment.

Didi is also facing destruction from Meituan, China’s leading food delivery tower. Last week the club relaunched its upgrade platform, which it left in 2019, giving riders Rmb100 ($ 15.50) to join.

An investigation by the Cyberspace Administration in China was announced two days later Didi’s first offering of July is $ 4.4bn, the largest in the US this year. The investigation, which lasts up to 10 weeks, came after the CAC asked Didi to consider it called IPO to the point of reviewing the contents of its data protection, according to people who are familiar with the matter.

Didi has been for years controlled the much-needed automotive segment in the country, and acquired a Chinese-based US business that is on the rise in Uber in 2016. Uber retained a share in the Didi along with Japan’s SoftBank and China’s Tencent.

A major platform for promoting banned Didi registration of new users until the survey is completed, a development that threatens its market share and expansion plans. Its platform and 25 others used by Didi’s staff and operators have been removed from Chinese retailers due to “serious breaches” of information laws.

Didi was “fighting with his hands tied behind his back”, said Tu Le, who launched the Beijing initiative at Sino Auto Insights.

Didi was held hostage by pressure from money changers to make sure it could grow and prevent further outrage, added Le. “He will be reluctant to do anything until the investigation is complete.”

What Didi did to the investors in his brief meeting last month is that it will continue to grow and focus on more and more uninhabited, central cities.

With the company’s growth, growing at about 50m a year, the suspension of closed-door subscribers could hurt Didi more than 4m per month of users surveyed, according to a Financial Times report.

Under the auspices of the CAC survey, Didi is placing his hopes on the growth of Piggy Express, a low-cost service launched in March 2020 targeting young users in small cities that have not been removed from Chinese retail outlets.

Investigators said Didi should retain its drivers as competition increased. In May, the company and other travel agencies were warned by China’s Ministry of Transport not to take high-level committees from operators, forcing Didi to explain publicly why some had been charged 30% of the price.

But Didi’s efforts to retain its drivers could be costly. In the first phase, the company cut costs and other incentives that pay drivers up to $ 5.7bn from $ 19.2bn immediately in 2020.

A driver in Didi in Beijing told FT that Didi had just donated Rmb100-150 to drivers for 30 passengers.

However, the driver added that state police in recent weeks have been cracking down on public transport licenses, stopping those found violating the law for three months.

Didi “could lose drivers”, he said.

Additional comments by Emma Zhou and Nian Liu in Beijing