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Search results for “Didi”
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.
Car-sharing set to drive future travel in China
04/18/2016
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9:44:49 AM
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Ownership of vehicles loses attraction for customers amid the sharing economy of transport in China
China's Renaissance man nabs taxi ride ahead of foreign rivals
03/25/2015
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9:10:22 AM
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China Renaissance, helped Didi merge with bigger rival Kuaidi Dache to create a $6 billion company, sidestepping Wall Street heavyweights.
Uber and Yongche reportedly mull merger
03/12/2015
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2:47:45 PM
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Uber and Yongche are said to be discussing a possible partnership in a struggle to survive in the Chinese taxi app market.
Uber unphased as China rivals create monopolistic merger
02/17/2015
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5:59:01 PM
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Uber will continue to “invest heavily” in China after the country’s biggest taxi sharing apps Kuaidi Dache and Didi Dache confirmed a merger.
China’s two largest taxi-hailing app companies discuss merger
02/13/2015
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6:06:59 PM
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China’s two largest mobile taxi-hailing applications backed by Internet giants Alibaba and Tencent are discussing a merger that could end their escalating battle.
Taxi apps poised for transition to chauffeur service niche
02/03/2015
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6:11:55 PM
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In the future Kuaididache and Didi Taxi shift the focus of their main operation to chauffeur service and channeling their existing users to it.
UCAR completes restructuring and may go public this year
02/18/2016
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8:41:58 AM
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UCAR has completed its restructuring and is considering a listing on either the New Third Board or the Strategic Emerging Board, the former preferred. The company is not planning a C-round funding before listing.
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