Jean Liu, President, Didi Chuxing and Anthony Tan, Group CEO, Grab (Code Conference 2016)
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Is There a Lot of Capital in a Private Company?
Jarity's new round is bigger than the threeand half billion over announced. In south east asia, 630 million people are double the size of te united states, but very low car ownership. So when you have that access, demand over supply, you actually have you need. And i go back again why you need like in our business, we need taxes to supplement the entire business. Having taxis not just mortobik taxes but taaxaadlesia in a country like singapore,. whereby it allows you, on one push of a button,you can aggregate all the taxis and all the cars in one go.
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