Why Didi is Dominant But Still Unprofitable (87)

This week’s podcast is about Didi's upcoming IPO. They have released their numbers and it shows market dominance but operating losses. This is my explanation for what is happening. And what their strategic plan means.You can listen to this podcast here or at iTunes, Google Podcasts and Himalaya.How I breakdown:Market size and/or growthCompetitive strength and defensibilityUnit economicsQuestions for network effects:Local vs. regional vs. international network effects?Fast vs. slow network eff...