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Uber, rideshares could soon face tougher regulations
Among other complaints, they say the setup endangers passengers because it doesn’t require Uber or Lyft drivers to undergo the pre-employment drug screening that applies to taxi drivers. Alongside Amazon, there is Alibaba.
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We’ll begin today with the battle for the streets, waged between ride-hailing companies like Uber or Lyft and traditional taxicabs.
Lyft and Didi Kuaidi will also share local knowledge and other business-related resources to explore new models of cross-platform and cross-regional market development, with an aim to build a healthy, collaborative global ridesharing industry. But it also means that Lyft’s American users can easily use Didi Kuadi’s services in China, and the same goes for the Chinese app’s customers when they arrive in the U.S.
The Lyft deal follows Didi Kuaidi’s investment in Grabtaxi, another ride-hailing service popular in Southeast Asia, the paper said.
Didi Kuaidi, however, is set to more than double that with about a $3 billion round, sources told Reuters earlier this year.
By partnering with ride sharing services that are already up and running – like Lyft – Liu says companies can “resolve the conflict” that comes with foreign companies attempting to fit into an unfamiliar market. And Uber’s service is taking off in China much faster than it did in the United States ; nine months after launching in Chengdu, Uber had 479 times the trips it had in New York after the same amount of time. Shortly afterwards, investor Carl Icahn added $100 million to the funding placed by Didi.
Didi Kuaidi, which grew from the merger in February of Chinese taxi-hailing app operators Didi Dache and Kuaidi Dache, now offers comprehensive transportation services in more than 360 Chinese cities. Riders will be able to get from the University of Las Vegas to downtown for $13 to $17, the company said.
The hearing on Tuesday, which drew hundreds of drivers and advocates for Uber, Lyft, and the cab industry to the State House, lasted from 11 a.m. until 10:30 p.m. when at least a handful of lawmakers on the committee were still on hand to listen to testimony.
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The investor deck shows Didi Kuaidi is growing like insane in China – between August 2014 and May 2015, Didi Kuaidi’s private vehicle requests grew 16 percent every week. Zimmer also declined to share if the companies had considered partnering with other Uber competitors, including India’s Ola.