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Didi Chuxing is eyeing Taiwan

10/09/2017| 4:08:50 PM|

Beijing-based taxi-hailing company Didi Chuxing is seeking business partnerships with local taxi companies in Taiwan, but it has not signed any formal deal with Taiwanese taxi operators.

Minister of Transportation and Communications Hochen Tan has confirmed that Beijing-based taxi-hailing company Didi Chuxing is seeking business partnerships with local taxi companies, adding that it has not signed any formal deal with Taiwanese taxi operators.

Hochen first confirmed the news at a meeting of the legislature’s Transportation Committee on Monday, when New Power Party Legislator Hung Tzu-yung asked him if he has any knowledge of the Chinese company’s plans for Taiwan.

Hochen was also asked to comment on Didi’s intention in Taiwan when meeting with the media late on Monday afternoon. He said that the Chinese firm is very likely to expand its business to Taiwan.

“Companies with the scale of operation of Didi could be asked by the Chinese government to expand their operations to Taiwan, which would be perceived as a way to show loyalty to the government and its policies. Despite the fierce competition among different taxi operators, the overall taxi service in Taiwan still has plenty of room to improve, which might make Didi think that that it has a chance to succeed,” he said.

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TAGS: Didi | ride-sharing | Taiwan
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