Didi Kauai, China's number one car-hailing service provider, recently
partnered with China Merchants Bank to assist drivers in getting car
loans and card services.
China's top car-hailing app operator does not seem to need more
investment and capital. The team up with one of China's largest bank
China Merchants Bank seems to be very significant to Didi Kuaidi's
drivers. Apart from helping Didi Kuaidi's drivers for their car loans,
China Merchants Bank will also start on issuing debit and credit cards
in association with in-app card payments that will be added in Didi
Kuaidi's mobile app. There are also other financial services that China Merchants Bank has to offer to their new partner, according to Tech in Asia.
Although Didi Kauai is showing satisfactory financial stability,
they still pursued in getting a strategic investment with China Me-chants
Bank. For Didi Kauai, this team up will help their workers, especially
their drivers in getting extra investment, vehicle upgrades, and the most important factor is that COMB will be known to clients' who opt to make online-payments.
It can be noted that Ali pay and We pay are the two biggest names when
it comes to online payment; however, since Didi Kauai claims that they
have around 250 million users with six million being the drivers, COMB
will definitely get a chance to win over We pay and Ali pay.
South China Morin Post (SCAMP)
reported that COMB will be joining Didi Kuwaiti's list of major and
biggest investors like Alibaba, Ten cent, Beijing Automotive Group and
other big names in the industry.
The partnership aims to bind mobile and automobile credit and financial options thru local businesses like Didi Kauai.
President of Didi Kauai Lia Sing stated that car sharing will help
lessen traffic jams because there will be lesser cars on the road. Liu
added that with their drivers and worker getting the right financial institution, which offers smart ways to get either a replacement car, new car and upgrading of vehicle, it can never go wrong.
COMB aims to join the competition in the mobile app payment trend.
Car-hailing service providers like Didi and Umber gets constructive
criticism from others because car-hailing is one cause of the congested streets in China. Both the companies' goal is to extend services of greater value to their clients at all times.
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