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Why China's Didi can succeed where Uber has struggled

“We invest a lot of money here in China,” proclaimed Travis Kalanick, founder and then boss of Uber, at a confab in Tianjin in June 2016. But, he added with foreboding, “we have a competitor who is investing even more.”
Two months later the American ride-hailing giant threw in the towel, selling its Chinese operations to its Beijing-based rival, Didi.
Uber lost some US$2 billion over two years in China. Its retreat paved the way for Didi to grow into China’s undisputed ride-hailing champion, which today processes over four-fifths of all domestic orders. The Chinese titan is widely expected to go public in the next few months, eight years after its launch. It could fetch a valuation of US$60b. ....

New York , United States , City Of , United Kingdom , San Francisco , Jack Wei , Los Angeles , Shouqi Yueche , Travis Kalanick , Information Technology , Ministry Of Industry , Economist Newspaper , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , சான் பிரான்சிஸ்கோ , பலா வெய் , லாஸ் ஏஞ்சல்ஸ் , தகவல் தொழில்நுட்பம் , அமைச்சகம் ஆஃப் தொழில் , பொருளாதார நிபுணர் செய்தித்தாள் ,

I Test Negative Once More For Covid19-SKC

CHILIMA: We must always be red-alert and steadfast in all our undertakings
The year 2020 has been an eventful one. As a country we had our highs and lows. Our democracy was threatened but we showed the world that – as The Economist Newspaper put it when it named Malawi as country of the year 2020 – we are “citizens and not subjects”.
As citizens and as a country we also had our fair share of Covid 19, a disease that disrupted businesses, education, the economy and families. In short, Covid 19 devastated us all in 2020.
However, this enemy is still among us. We must not relent.It is for this reason, that as we celebrate the mark of a New Year in a few hours time from now, I wish to remind you that Covid 19 is still a threat to our lives. The battle against the virus has not yet been won. ....

Malawi General , Economist Newspaper , New Year , மலாவி ஜநரல் , பொருளாதார நிபுணர் செய்தித்தாள் , புதியது ஆண்டு ,

Malawi named country of the year

Malawi has been named country of the year by The Economist Newspaper following the supreme court decision to annul its presidential election.
When Peter Mutharika, the incumbent, was declared the winner of Malawi’s presidential election in May 2019, it seemed a textbook case of rigging. Voting sheets had been altered with Tipp-Ex, a correction fluid. International observers complained only half-heartedly. But Malawians fought back. Activists organised peaceful protests. Opposition parties went to the Constitutional Court. In February its judges, apparently after turning down bribes, granted a re-run, which was held on June 23rd, the newspaper quoted
The newspaper explains that there is a blueprint for presidents keen to rig elections. First, use state resources to bribe, fool and bully people before the poll. Once voting starts, stuff the ballot boxes or fiddle the tallies. Afterwards, make sure the army and judges are on your side in case opponents take their case to ....

Peter Namathanga , Peter Mutharika , Constitutional Court , Economist Newspaper , அரசியலமைப்பு நீதிமன்றம் , பொருளாதார நிபுணர் செய்தித்தாள் ,