Charlie Rose: Right.
Jean Liu: You know, we are here to solve the commute issue. So we go around the globe and we see who shares the same passion. Who also wants to solve this issue, who is worried about it day and night like us. And also another perspective is this industry is so young although everyone is talking about the competition and everything, everyone knows so much about this, but people may not know, this industry is so young. The penetration is only one percent. So you know. .
Charlie Rose: In other words, in terms of the potential market you have only penetrated one percent.
Jean Liu: One percent -- only one percent.
Charlie Rose: That is a good business to be in.
Jean Liu: It is a good business to be in and if we want more people to benefit from the technology, the algorithm, and the good thing about Didi is we are based in China. China is a complex market, so huge and it's also a hard case. Imagine, you know, Beijing is such a mega city and the complications in the calculation, in the algorithm, you know, if we tested the algorithm here, if we test the product here, we can share the best practice with a lot of young companies on other side of the world. And also product wise, for example, the minibus is very well in Brazil. So that's the philosophy of this collaboration which we deeply believe in, that's why, you know, we are going global.
Charlie Rose: So some people have raised the question whether as I mentioned the fact you are investors in other startups.
Jean Liu: Right.
Charlie Rose: Will that in any way distract from your disrupter edge?
Jean Liu: Very interesting, very interesting question. How we see it, again, is you know, this industry grows faster than the regulations.
