This article only represents the author's own views.
China’s economic slowdown is shaping up as a double-edge sword for budget ride sharing operator Dida Inc. (2559.HK).
On the plus-side, the company is logging strong demand for the cheap carpooling services that are its main revenue source. Dida is also having no difficulty signing up new drivers for its service, many of them probably recently unemployed workers who have lost their jobs as China’s economy slows after three decades of rapid growth.
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