3 thoughts on “How app-based ride sharing services overcome information asymmetries”

  1. Posted 21/09/2016 at 20:34 | Permalink

    Didn’t the Chinese government kick Uber out due to their own app based cab’s being better?

  2. Posted 22/09/2016 at 08:10 | Permalink

    What a load of rubbish

  3. Posted 25/09/2016 at 20:05 | Permalink

    Uber wasn’t precisely kicked out of China. As happens with most foreign companies trying to sell to local customers in China, they found that the regulatory environment favoured local companies offering similar services over foreign companies. After battling this for some time, they sold their Chinese service to a competitor (Didi). Uber still exists as a brand in China, and if you use the Uber app in China a car will come in exactly the same was as if you use it anywhere else. Prices have gone up since this merger was announced, but most of the other conveniences of using Uber still exist. Regulation has meant that there is less competition and prices are higher. Fancy that.

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