Uber’s China Rival Says It Has to ‘Burn Cash’ to Build Scale

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A taxi driver is using Didi Dacha App while driving in Beijing.

Photographer: Zhang Peng/LightRocket via Getty Images

Didi Kuaidi, the Chinese car-booking competitor to Uber Technologies Inc., said it had to spend on driver incentives in order to build enough economies of scale to tip the business into a “virtuous circle.”

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