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Search results for “car-hailing”
Uber eyes smaller cities, investment to take on rival
06/29/2016
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2:26:11 PM
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Uber is looking to expand further into China's lower-tier cities, where business has been growing faster than in top-tier cities.
Triploc closes A round financing, aiming to be the eBay of outbound independent travel
08/07/2017
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11:22:44 PM
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Triploc has raised tens of millions of yuan from PurpleSky and Mingxiang Ventures in its A-round financing. In the last year, the number of users of Triploc had increased from 200,000 to 1.2 million.
Didi uses big data and biometrics in new safety push
07/11/2016
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8:07:36 PM
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Didi has announced a range of measures designed to improve the safety of drivers and riders as the taxi app battle with Uber in China and overseas continues.
Uber reportedly seek up to USD 2 billion in high-yield debt
06/15/2016
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3:08:24 PM
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Ride-hailing company is working with Morgan Stanley, Barclays and is said to target a loan of USD 1 billion to 2 billion.
Uber wants to overtake China's Didi next year
06/06/2016
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2:15:01 PM
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Being second to a well-funded homegrown rival isn’t diminishing Uber’s eagerness to win the China market, a top Uber executive explained today.
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.
Uber-Didi global duel intensifies as each raises billions
06/03/2016
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2:19:10 PM
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Uber taps Saudi Arabia wealth fund to take on rivals worldwide; China’s Didi raised $1 billion from Apple last month.
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.
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