Didi vs Kuaidi Taxi Subsidy War Arbitrage

Preparation

1. Procure a batch of cheap used Android phones.
2. Register numerous Alipay and WeChat secondary accounts linked to virtual numbers.
3. Install GPS spoofing software (e.g., via Xposed Framework).
4. Partner with a few licensed taxi drivers (early subsidies targeted licensed cabs).

Execution Steps

1. Around Valentine's Day (Feb 14, 2014), the subsidy war peaks. Didi offers 10 RMB, Kuaidi immediately offers 11 RMB, vowing to "always pay 1 RMB more than the competitor."
2. The Farm: Have the partner driver park in a quiet area. Use your passenger accounts with spoofed GPS to request rides right next to the driver.
3. The driver accepts instantly. No actual driving occurs. After a few minutes, the driver ends the trip.
4. The passenger pays via mobile wallet (fully covered by platform coupons, costing 0), and the driver receives the fare PLUS a 10-20 RMB cash bonus from the platform.
5. Split the profits 50/50. By faking 100+ rides a day, pure profit can reach thousands of RMB daily per car.

Exit Strategy

1. The crazy cash burn begins to taper off in mid-2014 as anti-fraud algorithms improve and merger talks surface.
2. Quit while you're ahead. Once platforms mandate GPS trajectory verification and initiate mass bans (around May 2014), stop operations, delete traces, and cash out.