Duopoly similar to the us with wilbur and left. ., ,., ., , wilbur and left. how important it is for the company wilbur and left. how important it is for the company to wilbur and left. how important it is for the company to evolve - wilbur and left. how important it is for the company to evolve with - for the company to evolve with services beyond right hailing to survive and have longevity in their business? aha, survive and have longevity in their business? , , survive and have longevity in their business? , ., ., ., business? a typical combination of riahts business? a typical combination of ri . hts and business? a typical combination of rights and food business? a typical combination of rights and food delivery business? a typical combination of rights and food delivery is - business? a typical combination of rights and food delivery is a - business? a typical combination of rights and food delivery is a strong one because it allows drivers for grab and other businesses
After the us company sold its business in southeast asia to grab in 2018. for more insights into uber and the global riding hailing business, lets bring in rolf buck from new street research. great to get you on the show rolf. give us a sense of how wilbur is investment in south east asia has paid off so far? it’s investment in south east asia has paid off so far? paid off so far? it s been an interesting paid off so far? it s been an interesting dynamic - paid off so far? it s been an interesting dynamic for - paid off so far? it s been an l interesting dynamic for huber paid off so far? it s been an - interesting dynamic for huber and south east asia. initially like with many markets they went all in but fairly quickly they realise that they had a competitor in grab that was most formidable and they exited the market several years ago partly because grab was able to offer a solution that was much more tailored towards the southeast asian market. so grab is now the undisputed lea
They have in second or for and wilbur continues for the state they have in second orfor some it s a competitive market in terms of saturation. d0 a competitive market in terms of saturation- a competitive market in terms of saturation. , ., ~ , saturation. do you think we can see new players saturation. do you think we can see new players emerge saturation. do you think we can see new players emerge offering - saturation. do you think we can see new players emerge offering the i new players emerge offering the thing that consumers always want when it comes to right hailing, cheaper prices? it is when it comes to right hailing, cheaper prices? when it comes to right hailing, cheaper prices? it is a competitive market absolutely cheaper prices? it is a competitive market absolutely but cheaper prices? it is a competitive market absolutely but in cheaper prices? it is a competitive i market absolutely but in ridesharing it s a global phenomenon and it s all about a network. so