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Uber & Didi Dwarf Competitors

 1 min read / 

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Trader’s remarks:

The top ride-hailing companies have raised some of largest mega-deals that private markets have ever seen, to finance their fierce competition across the globe. The 6 most well-capitalized ride-hailing companies currently are Uber, Didi Chuxing, Lyft, Olacabs, Grab and Gett with Uber the most capitalised one. The capital is primarily to develop technology and increase market share. In the transportation industry, there is a big reward for being the biggest in a market because the service with the most passengers and drivers tends to be more efficient.

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