Sinovation's Lee: Uber-Didi Deal Is a Win-Win

The video features an interview with Cai Fuli, former head of Google China and Microsoft Research in Asia, now leading Cinemation Ventures. He discusses the Uber-DD deal, highlighting its mutual benefits and the strategic advantage of DD. Cai Fuli also analyzes Airbnb's efforts to enter the Chinese market, emphasizing the importance of cultural adaptation and the challenges posed by local user habits. He concludes with insights on the unlikelihood of Facebook and Twitter succeeding in China due to established local platforms like WeChat and Taobao.

What does the interviewee think about the likelihood of Airbnb achieving success in China compared to its success in the US?

How does the interviewee perceive the relevance of Facebook and Twitter in the Chinese market?