Tuesday, July 15, 2014
In a Bloomberg interview, Yongche founder and CEO, Herman Zhou, cited the language barriers that make ground transportation difficult for Chinese travelers, which provided the rationale for his business model and focused target market.
Yongche has long-term plans to reach Los Angeles, Boston, London, Frankfurt, Singapore, Taipei, and Tokyo, all of which attract many Chinese travelers. The company currently has two million registered users, and 50,000 available cars in more than 50 Chinese cities, including Hong Kong.
For more information visit www.yongche.com.