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Search results for “Didi Kuaidi”
China's $6 billion tech funding boom signals flight to quality
04/12/2016
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3:16:48 PM
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Investors around the world rein things in after an unprecedented technology financing boom as ride-hailing Didi, Alibaba Group’s Ant Financial and online property service Homelink are close to raising at least $6 billion
Uber rivals Didi and Lyft unveil international chauffeured network
04/12/2016
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8:14:49 AM
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Chinese tourists can now order Lyft chauffeured service through Didi app when they are visiting the U.S.
Chauffeured war heating up as Didi set to complete another financing round
04/11/2016
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4:29:02 PM
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Not long after Uber expressed confidence in turning a profit in China within two years, its arch rival Didi Chuxing is to close yet another round of funding, with UCAR-linked Alibaba among the investors
Ride-sharing tipped to be a $6.5 billion sector by 2020
04/27/2016
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11:43:04 AM
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Juniper Research forecasts that ride-sharing brands will see revenues grow to an estimated $6.5 billion by 2020 as it expands into new cities and other players emerge to capture some of the pie.
Guangzhou says no subsidies on chauffeured apps
04/15/2016
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9:43:55 AM
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Major ride-sharing companies such as Didi and Uber are obeying transport officials in the southern city, reports say
Chinese transport authority: ride-hailing subsidies competitively unfair
03/14/2016
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10:12:29 PM
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The transport minister said Didi Kuaidi and Uber subsidizing discounts and supplementing driver wages was competitively unfair and not sustainable.
Lyft hopes to gain market through alliance with Didi
02/19/2016
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1:43:48 PM
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Lyft is looking to leverage its alliance with China's largest player in the fast-expanding sector, in an effort to become a dominant force in the United States within two years.
Alibaba completes surprising investment in UCAR with a 10% stake
03/24/2016
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5:08:53 PM
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Alibaba is said to have completed its investment in B2C chauffeured service UCAR, splashing out RMB 3 billion in exchange for nearly 10% of UCAR’s shares.
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