Didi Kuaidi continues to dominate China’s private car-hailing market
The company has 83.2 per cent share of China’s existing active users for private car service
Didi Kuaidi continues to dominate China’s private car-hailing market by both the number of active users and cities covered, according to market research from Analysys International, reported ACN Newswire today.
They own a whopping 83.2 per cent of China’s existing active users for private car service to Uber’s 16.2 per cent, stated Analysys International, the issuer of the Q3 Report on Private Car Hailing in China.
More women than men used car-hailing apps, with Didi Kuaidi seeing a greater proportion (60.4 per cent) than other apps like Uber (58.1 per cent) and Shenzhou Zhuanche (53.6 per cent).
Also Read: Didi Kuaidi races ahead of Uber, grabs license to operate in China
Those in the 25 to 30 age group (43.7 per cent) were the largest users for Didi Kuaidi and Shenzhou Zhuanche. For Uber, it was the 36 and above age group.
As of the end of October 2015, Didi Kuaidi’s private car service is available in 199 cities across China, while Yidao Yongche and CAR Inc. cover 98 and 66 cities respectively.
Didi Kuaidi is a merger of Didi Dache and Kuaidi Dache in February this year. They have raised over US$4 billion in funding backed by investors such as Singapore state-owned investment company Temasek Holdings, Chinese e-commerce conglomerate Alibaba, and Chinese investment holding company Tencent Holdings Ltd.
Also Read: Didi Kuaidi breaks records in US$2 billion funding round
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