Lesser known ride hailing platforms in the ride hailing market in China cause tight competition

lesser known ride hailing platforms China market

The ride hailing market in China is increasingly competitive and price-driven. Although DiDi has long held the largest share, lesser known ride hailing platforms in China are emerging to challenge the company’s dominance. With Geely’s Caocao Chuxing (曹操出行), Tencent and Alibaba-backed T3 Chuxing (T3出行), JD.com-backed Dida Chuxing(嘀嗒出行)entering the local ride hailing market with lower prices, […]

A look at China’s aircraft industry after COVID-19

China's aircraft industry

COVID-19 has dealt a long-term blow to China’s aircraft industry. Responding to Chinese government’s strict measures to constrain the propagation of the epidemic, Chinese citizens became conservative on travelling. Hence, the loss of China’s aircraft companies for Q1 of 2020 was approximately 73 billion RMB, which compelled them to find self-rescue plans. In March, the […]

Motorcycle market in China

Daxue Consulting-Motorcycles in China-Chinese motorcycles-vehicles in China-Motorcycle market in China

An Introduction to the Motorcycle market in China The motorcycle market in China developed comparatively late. Whereas motorcycles first became popular in the 1920s in Europe and America, China wouldn’t begin producing them until 1951. Motorcycle are much cheaper than cars, not only to purchase but also the operating costs are generally less (fuel, repair, etc,). […]