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COMING UP:Share Opener Variant 2

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Transcript

00:00:01
>> Chinese ride share giant Didi is set to make it's first foray into a western country, Australia. Didi Chuxing said it will begin offering ride share services in Melbourne, Australia's second biggest city, later this month. Reuter's John Ruwitch has been reporting on the company's expansion from Shanghai.>> It's opened operations in Taiwan, in Brazil, in Mexico so far this year.
00:00:25
Its first English language market is gonna of course be Australia. They have diversified mobility needs there, that's one thing that Didi said, and they can meet that. It's got a business friendly atmosphere and it's a diverse culture, so all that, Didi says, was part of the reason why it went there.
00:00:41
It's perhaps a place where it's dipping its toe into the waters.>> Didi became China's biggest rideshare company when it bought out Uber's operation in China in 2016, but in Australia, they'll be going head to head.>> Didi indeed bought out Uber here in China, but that doesn't mean they're not competitors.
00:00:58
Australia, in fact, will be a great test bed for this battle between Uber and Didi to see whether or not Didi can actually take on Uber in English language markets. In places where arguably people might be more receptive to an American company than a Chinese company.>> Didi's announcement comes at a time when relations between Australia and China have hit a rough patch.
00:01:19
Australia's government has recently proposed anti-foreign interference laws aimed at courting Beijing's influence in the country. And Australian exporters have blamed the tension for delays getting Australian products through Chinese customs. But analysts say the diplomatic tensions are unlikely to demits Chinese businesses in Australia, for now. Didi didn't reveal any plans to expand into other Western markets, but did say data from drivers and passengers in Melbourne would help shape any future offerings.