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Search results for “online ride-hailing”
70% of consumers willing to try out car-sharing in China
12/11/2017
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9:46:31 AM
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A JD Power survey of mobility solutions in China indicates that 19% of consumers are "very willing" and 51% are "slightly willing" to no longer own a car if mobility alternatives are available.
China's Didi targets Taiwan expansion with franchising model
12/19/2017
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5:40:21 PM
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Didi Chuxing, the ride-hailing giant that vanquished Uber Technologies Inc. in China, is turning to franchising in Taiwan as it expands its business beyond the mainland.
Tencent closing gap with Alibaba in $1.1 trillion mobile payment market
11/28/2017
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9:21:58 AM
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WeChat operator Tencent is quietly gaining on Alibaba's dominance in China's 7.1 trillion yuan ($1.1 trillion) e-payment market by tapping offline merchants and leading in peer-to-peer cash transfers.
Didi poses an existential threat to Uber with Mexico expansion
12/08/2017
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10:19:50 AM
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Didi Chuxing will reportedly make its ride-hailing services available in Mexico next year, a move that threatens Uber's growth in Latin America.
New investor of Yidao Yongche displaces LeEco as majority shareholder
06/30/2017
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11:40:05 AM
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Chinese ride-hailing firm Yidao Yongche announced that it has brought in a new investor which will replace LeEco as controlling stakeholder of Yidao.
UCAR projects profit in 2017 after posting 7.3-billion-yuan net loss in two years
03/20/2017
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10:16:11 AM
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Car-hailing firm UCAR registered operating revenue of RMB 5.85 billion in 2016, up by 235% YoY, while net loss was RMB 3.6 billion. CEO Mr. Charles Lu was optimistic that UCAR would return a profit this year.
Tencent's WeChat payment vying for travel and retail in Europe
04/01/2017
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10:55:52 AM
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WeChat launched a new bid in Europe and US to develop its payments offering and win new advertisers. The Chinese social media and messaging giant will in time expand to travel and broader retail services.
Baidu fires head of group-deal unit over ethics violations
03/16/2017
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6:25:29 PM
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Baidu Inc. has fired Liang Zeng, head of its Nuomi group-buying division, citing violations of the search company’s ethics.
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