Didi-Kuaidi is spearheading smart bus operations with its direct shuttle service. It is conducting internal testing and will launch full service at teh end of the month.
CAR Inc has invested US$125 million to acquire half of the 5 million Series A preferred shares issued by Youche. CAR Inc now has a 10% stake in Youche.
Destination travel platform MDD World received a multi-million yuan angel investment from Shenzhen investors Innovalley and Innovation Angel Funds.
Jetstar Hong Kong failed to meet requirements defined by the Basic Law in regards to Hong Kong as its principal place of business.
Didi-Kuaidi has participated in the latest financing round of the largest taxi hailing app in Southeast Asia, GrabTaxi for an unspecific amount of funding.
Former greater China regional director of Starwood Group, Jin Qian, will join Wanda Hotels and Resorts as President to lead this Chinese hotel group.
Didi-Kuaidi will take its Didi Corporate model and adapt it the special transportation requirements of regional governments to launch its Didi Official service.
Chinese Uber rival Didi-Kuaidi is now recruiting in the USA to realize its plans to set up a US research center to pave the way for its entry into the US market.