On August 1st of this year, the U.S. giant Uber announced its decision to step out of the Chinese market and the acquisition of its local activity by its major competitor Didi Kuaidi, a Beijing-borned startup. Such an news shows once again how difficult it is for foreign companies to tackle the Chinese market.

This short video presents through various insights of key startup actors (Uber China's ex-COO, Cathay Capital, WI Harper Group...) the growing Beijing entrepreneurial scene, breasted with large amounts of capital, and also some tips to enter this market. 

By Smart Valleys