The Rise of Monopolistic Rideshare Companies in Asia: How Ride Hailing Companies’ Market Control Impacts Drivers

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dc.contributor.advisorGad Allon
dc.contributor.authorShen, Kelly J
dc.contributor.authorShen, Kelly J
dc.date2023-05-18T00:02:01.000
dc.date.accessioned2023-05-23T03:29:52Z
dc.date.available2023-05-23T03:29:52Z
dc.date.issued2020-01-01
dc.date.submitted2020-10-28T10:11:58-07:00
dc.description.abstractHaving undergone mergers with Uber China and Uber Southeast Asia in the past few years, DiDi and Grab now hold over 90% and 80% of the market shares in China and Singapore. This market control has allowed them to dominate the rideshare industry in the two countries, and this paper examines the impact of Grab and DiDi’s monopolistic power on rideshare drivers. Specifically, this research considers changes to both licensure requirements, pricing policies, commission rates, insurance coverage, and CSR programs as well as long-term corporate objectives and strategies following the merger. In order to understand the implications of DiDi and Grab’s decrease in competition and greater market control, this research draws from existing scholarly research, DiDi and Grab’s policies and terms of use, news articles, reports, government documents, and most importantly, qualitative interviews with employees at DiDi and Grab. The paper concludes that despite changes in pricing, insurance, and benefits, monopolistic ridesharing companies are able to leverage their resources and market power for diversification, which creates synergies, and greater social impact.
dc.identifier.urihttps://repository.upenn.edu/handle/20.500.14332/47028
dc.legacy.articleid1086
dc.legacy.fulltexturlhttps://repository.upenn.edu/cgi/viewcontent.cgi?article=1086&context=sire&unstamped=1
dc.source.issue84
dc.source.journalSocial Impact Research Experience (SIRE)
dc.source.statuspublished
dc.subject.othergig economy
dc.subject.otherrideshare
dc.subject.otherride hailing
dc.subject.othertwo-sided markets
dc.subject.otherChina
dc.subject.otherSingapore
dc.subject.othercompetition
dc.subject.othermerger
dc.subject.othermonopoly
dc.subject.otherDiDi
dc.subject.otherGrab
dc.subject.otherinsurance coverage
dc.subject.otherdiversification
dc.subject.othergovernment regulation
dc.subject.otherBusiness
dc.subject.otherBusiness Administration, Management, and Operations
dc.subject.otherInsurance
dc.subject.otherInternational Business
dc.subject.otherLabor Economics
dc.subject.otherTechnology and Innovation
dc.subject.otherTransportation
dc.titleThe Rise of Monopolistic Rideshare Companies in Asia: How Ride Hailing Companies’ Market Control Impacts Drivers
dc.typeWorking Paper
digcom.contributor.authorisAuthorOfPublication|email:kellyshn@wharton.upenn.edu|institution:University of Pennsylvania|Shen, Kelly J
digcom.identifiersire/84
digcom.identifier.contextkey20006331
digcom.identifier.submissionpathsire/84
digcom.typeworkingpaper
dspace.entity.typePublication
relation.isAuthorOfPublicationc6be7b6d-6a7a-4ddd-802f-1faccc79d93f
relation.isAuthorOfPublication.latestForDiscoveryc6be7b6d-6a7a-4ddd-802f-1faccc79d93f
upenn.schoolDepartmentCenterSocial Impact Research Experience (SIRE)
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