Uber enables global e-hailing through Alipay to fend against Lyft/Didi alliance:
Now, riders will be able to pay for and hail a ride in the Alipay app in the more than 400 cities in which Uber operates. It’s an extension of Uber’s existing partnership with the company, which initially only allowed passengers in China to pay for their rides using Alipay.
The move comes just a few weeks after Lyft and China’s Didi launched a similar integration that allows Didi riders to hail a Lyft in the U.S. using the Didi Chuxing (formerly Didi Kuaidi) app, and vice versa. That partnership is part of a larger global ride-hail alliance that also includes South East Asia’s Grab and India’s Ola.
The goal of big business is constant growth. This is why there are laws against monopolies, because it’s the natural end state of any capitalist business.
Despite this, I grew up being told competition is healthy and keeps a business on it’s toes. But with Uber, it seems theres no room for competiton and any competition is an extreme threat that must be destroyed.
I continue use, and many times rely on, Uber, but I also continue disapprove of their record of shady business practices.