Posts Tagged ‘Didi Chuxing’

SoftBank dive hits RM91b amid Saudi outcry, tech rout

Son has been dealt successive setbacks as tech shares retreat, hurting the value of SoftBank’s portfolios
By BLOOMBERG TOKYO • ...

Daimler, Geely to work on ride-sharing in China

By BLOOMBERG
BEIJING • Daimler AG is working with its biggest investor to start ride-hailing and car-sharing services in China, taking on industry ...

Didi halts Hitch service after 2nd woman killed

By BLOOMBERG
SHANGHAI • Didi Chuxing said it will suspend a carpool service and has removed two executives after a second female customer in three ...

Can someone knock Tencent, Alibaba off their perch?

By HARJEEV SINGH KANDHARI
As Alibaba Group Holding Ltd and Tencent Holdings Ltd approach their 20th birthdays, will they be dislodged by the new ...

Trip giant Booking Holdings invests RM2b in China’s Didi

By BLOOMBERG
HONG KONG • Booking Holdings Inc, owner of the Priceline and Kayak travel websites, will invest US$500 million (RM2.02 billion) in Chinese ...

Can Uber fight the home-grown rivals in position in South-East Asia?

The company will continue to invest aggressively in the region despite the competitive environment, says CEO
By MARK RAO / Pic By ...

Uber-slayer Didi moving to shake up Chinese bike-sharing

By BLOOMBERG
HONG KONG • Didi Chuxing became China’s reigning car-hailing service by pummelling Uber into submission. Now it wants to do the same in ...

Uber’s rivals muscle in to lure passengers, regulators in Europe

Taxify is looking to raise fund for expansion, while Mytaxi aims to expand number of cities it serves
By BLOOMBERG LONDON • Uber ...

China’s Didi secures new funding from SoftBank

By BLOOMBERG
BEIJING • Didi Chuxing has scored another investment from SoftBank Group Corp in a massive funding round that will bankroll the Chinese ...

Didi targets Taiwan with franchising model

By BLOOMBERG
BEIJING • Didi Chuxing, the ride-hailing giant that vanquished Uber Technologies Inc in China, is turning to franchising in Taiwan as it ...

Uber deal is cold comfort for Singapore’s fading taxis

By BLOOMBERG
by Andy Mukherjee / BLOOMBERG Miniatures of Comfort Delgro Corp Ltd taxis are popular children’s toys in Singapore. Not for long, though. ...

Chinese Uber-for-truck apps said in talks to merge

By BLOOMBERG
HONG KONG • Huochebang and Yunmanman, the two biggest apps for Uberlike-truck services in China, are in talks to merge, people ...