Search results for “car hailing”
Alibaba’s rumored partnership with UCAR may intensify car-hailing competition
03/28/2016|2:09:29 PM|
While the report of Alibaba taking a stake in UCAR is still not officially confirmed by either party, the companies have been collaborating closely and quietly.
UCAR posts order growth, narrows net loss in H1 2016
08/24/2016|10:54:50 AM|
UCAR’s revenues rose 624% to RMB 2.32 billion in the first six months of 2016. Car-hailing orders climbed 283% to 55.34 million during the time.
New investor of Yidao Yongche displaces LeEco as majority shareholder
06/30/2017|11:40:05 AM|
Chinese ride-hailing firm Yidao Yongche announced that it has brought in a new investor which will replace LeEco as controlling stakeholder of Yidao.
Bike-sharing firm Ofo raises $700 million in E round, backed by Alibaba
07/06/2017|6:11:42 PM|
China's bike-sharing platform Ofo announced that it has received more than USD 700 million in its series E round funding. The round had Alibaba, Hony Capital and CITIC as the lead investors and also involved Didi Chuxing and DST.
New Third Board-listed UCAR eyes bigger presence in China’s auto industry
07/25/2016|9:25:57 AM|
While investors of Didi and Uber are pushing for potential deals, UCAR has landed on New Third Board and is looking to carve a bigger slice of China's auto market.
Uber China announces Uber+Travel plan in partnerships with HNA, Qunar
06/16/2016|10:03:02 AM|
Uber China announced “Uber+Travel” strategy on June 15, partnering with travel brands including HNA Group, Qunar, Tongcheng Tourism, Qyer and TripAdvisor.
Didi Chuxing raises USD 7 billion
06/16/2016|11:15:54 AM|
The world’s biggest ride-hailing companies, US-based Uber and China-based Didi Chuxing, are smashing records for private-company financing.
Poly Real Estate plans to invest RMB 2.5 billion in Didi
06/23/2016|10:50:36 AM|
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.
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