BROADCASTS.com

Topics covered include:

• The global surge in 2012 of entrepreneurs starting ridesharing companies, nowhere moreso than China\xa0
• Didi CEO Cheng Wei and investor Wang Gang\u2019s backgrounds at Alibaba, first entrepreneurial effort in Momo, and Momo\u2019s pivot to Didi Dache
• The culling of the ridesharing herd in China down to Didi Dache and Kuaidi Dache through brutal competition and involvement of the \u201cbig three\u201d Chinese internet companies\xa0
• Rise of the Chinese messaging apps and associated mobile payments, and their impact on ridesharing
• The 2015 merger between Didi and Kuaidi, brokered in part by Russian VC Yuri Milner
• Uber\u2019s decision to enter the Chinese market, and early success with investment and support from Baidu
• The first meeting between Uber CEO Travis Kalanick and Cheng Wei in 2015\u2014which does not go well
• Subsequent \u201cscorched earth\u201d competition between Didi and Uber throughout 2015-16
• Negotiating an armistice: Uber\u2019s agreement to sell its Chinese operations to Didi in late 2016
• End of the war, or just the beginning? January 2017: Didi invests $100M in Brazilian Uber competitor 99
• Sustainable growth, and building moats versus scorching earth

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• Stay tuned for real-time coverage of the Snap IPO coming here on Acquired!\xa0

\xa0 The Carve Out:\xa0

• Ben: \xa0Taming the Mammoth on Wait But Why
• David: Conversations with Tyler Podcast by Tyler Cowen, co-author of the Marginal Revolution blog
• Brad: Yuval Noah Harari (author of \xa0Sapiens)\u2019s new book, Homo Deus: A Brief History of Tomorrow