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Search results for “Uber”
Qunar wants to tap ride-sharing market
06/21/2016
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9:39:45 AM
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Major OTA is eyeing a share in China's chauffeured service market, with its newly-established ride unit to cover 68 Chinese cities and 89 international locations.
Didi Chuxing raises USD 7 billion
06/16/2016
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11:15:54 AM
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The world’s biggest ride-hailing companies, US-based Uber and China-based Didi Chuxing, are smashing records for private-company financing.
Blacklane scores biggest investment round yet, north of $20 million
08/02/2016
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11:49:29 AM
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Ground transportation web service Blacklane has secured a “two-digit million Euro” Series C investment round, once again coming from car manufacturer Daimler.
Poly Real Estate plans to invest RMB 2.5 billion in Didi
06/23/2016
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10:50:36 AM
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Poly Real Estate will purchase 1.46% shares of Didi for less than RMB 2.5 billion. This puts the ride-share giant’s worth at about USD 26 billion. However, other data indicate that Didi may be worth at least USD 27.6 billion.
Didi raises USD 600 million from China Life Insurance
06/13/2016
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10:15:39 AM
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Didi received USD 600 million from China Life Insurance, boosting resources to fund its battle with Uber after it raised USD 1 billion from Apple. The largest Chinese insurer also joined the series E round funding of Uber Global (not Uber China) in 2014, according to a Caixin report.
Uber gets 1 billion dollar investment from Baidu and other investors
08/28/2015
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6:06:57 PM
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Uber China has recently received a venture capital of one billion US dollars from investors, among them China’s largest search engine Baidu and China CITIC Bank.
Uber plays matchmaker for users on China’s Valentine’s Day promotion
08/24/2015
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9:53:12 PM
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Uber is competing in China with Didi Kuaidi for the ride-hailing market by playing matchmaker Chinese Valentines Day.
Fully independent Uber China plans China IPO
08/13/2015
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6:16:27 PM
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Uber China’s strategy director Zhen Liu confirmed that the company plans a public listing in China as an independent company.
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