China: Pressures on ride-hailing company Didi Chuxing intensify after latest passenger killing
The incident, which follows a similar grisly killing by a Didi driver in May, triggered public and government backlash - and created an opening for rival services to chip away at Didi`s dominance in China, industry analysts say.
Aug 30, 2018, 11:22 AM ISTGrab, Uber's SEAsia rival, to raise $2.5 billion from Didi, SoftBank, others
Grab expects to raise an additional $500 million, bringing the total to $2.5 billion in this round, which it said would be the largest-ever single financing in Southeast Asia.
Jul 24, 2017, 10:37 AM ISTChinese regulators reviewing Uber-Didi merger
Chinese anti-monopoly regulators are reviewing the proposed merger of ride-hailing service Uber Technology Ltd.'s Chinese operations with its biggest local competitor.
Sep 02, 2016, 13:20 PM ISTDidi's Cheng Wei: Chinese patriot who tamed Uber
Cheng Wei, 34, was once assistant to the head of a foot massage firm. Last week, his company Didi Chuxing bagged Uber`s China business in a deal valuing his ride-hailing start-up at $35 billion - a second success in as many years in a gruelling battle with a rival.
Aug 12, 2016, 09:31 AM ISTUber China to merge with local rival Didi in $35 billion deal
Ride-sharing giant Uber is to give up its ferocious battle for market share in China by merging its operations with local rival Didi Chuxing, reports said Monday.
Aug 01, 2016, 14:07 PM IST
Apple invests in Uber's Chinese rival 'Didi Chuxing': Key things you need to Know
Key things you should know about the Apple investment in Uber's Chinese rival 'Didi Chuxing'.
May 17, 2016, 13:43 PM ISTApple's Tim Cook visits Beijing after China woes, Didi deal
Cook has planned to meet high-level government officials, a source familiar with the matter said earlier this month.
May 17, 2016, 05:11 AM ISTChina car-hailing app eyes going public: report
Beijing: Chinese ride-hailing app Didi Chuxing is mulling an initial public offering, a report said Monday, after US technology giant Apple invested $1 billion in the rival to Uber.
May 16, 2016, 17:16 PM ISTApple invests $1 billion in Chinese ride-hailing service Didi Chuxing
The investment comes as Apple is trying to reinvigorate sales in China, its second-largest market.
May 13, 2016, 10:48 AM ISTChinese car-hailing app Didi makes inroads into India
China's leading ride-hailing app Didi Chuxing today made inroads into India by becoming part of a group of investors channeling USD 500 million into Indian taxi aggregator Ola.
Nov 18, 2015, 23:00 PM IST