Davey Alba for WIRED:
Here’s an interesting comment from Uber’s CEO regarding the merger:
Monopolization + struggling to turn a profit? Wonder what that’ll mean for prices. (Also factor in the growing upper-middle class.)
This totally undermines how much Apple is ingrained in today’s China as a premium brand. I don’t see Xiaomi finding a way to totally knock down Apple as long as the quality of their products and retail experiences remain unchallenged. Tesla seems to be finding its way up, too, opening up dealers in premium locations.
Uber totally failed because of the nature of their product: while undoubtedly complex, it’s still easy to replicate. Thanks to China’s weak IP laws, Uber couldn’t stand a chance.