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Search results for “chauffeured service”
Chinese transport authority: ride-hailing subsidies competitively unfair
03/14/2016
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10:12:29 PM
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The transport minister said Didi Kuaidi and Uber subsidizing discounts and supplementing driver wages was competitively unfair and not sustainable.
Transport Minister: Car-hailing rules draft completed
03/10/2016
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11:31:26 AM
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China's transport minister announced that the provisional rules on car-hailing service had been drafted while reiterating this does not necessarily mean legitimization of the business.
E-Daijia raises US$ 25 million with 58.com the lead investor
10/20/2014
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11:02:18 AM
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E-Daijia is a mobile app platform that offers chauffeur service that it received US$ 25 million in capital in its new round of financing.
UCAR raises US$550 million in B Series financing
10/09/2015
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3:46:41 PM
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Youche Technology, the operator of top Chinese car rental company CAR Inc’s UCAR chauffeur service, has raised US$550 million in its B Series financing round.
Youche Technology transfers UCAR operations to Huaxia Lianhe
01/05/2016
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6:49:20 PM
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After the restructuring, Huaxia Lianhe will replace Youche Technology as UCAR’s new holding company and will operate all of UCAR’s chauffeur service.
UCAR on track to list in China within a year
12/22/2015
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9:37:22 PM
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UCAR has not officially released an IPO timetable yet but it could find a shortcut to either through a shell company or the New Third Board to make a A share listing.
Consolidation is now inevitable in ground transportation
01/19/2016
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7:11:58 PM
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Since markets will not support so many companies offering duplicate services and customers are looking for a consistent experience, it is expected that ground partnerships and acquisitions will continue in the coming years,.
Didi-Kuaidi’s CEO says no immediate plans for IPO
12/21/2015
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9:38:38 PM
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Didi-Kuaidi’s CEO Wei Cheng said the transportation platform has no immediate plans to go public.
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