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Search results for “ride-sharing”
Apple, Tencent may join Softbank's proposed $6 billion investment in Didi
03/28/2017
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9:51:18 AM
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Chinese ride-sharing firm Didi Chuxing is weighing whether to take a USD 6 billion investment backed by SoftBank that could dilute existing backers such as Apple and Tencent, according to Bloomberg.
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.
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.
Ctrip enlists women in drive to make a global giant
02/16/2017
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7:09:55 PM
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Ctrip enlisted female executives including its CEO Ms. Jane Sun to help propel the company's global ambition. But Jane said she plans no huge investment like Skyscanner deal in two years.
Ctrip CEO talks about China's travel boom, ageing threat
02/11/2017
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1:46:10 PM
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Business isn’t the only thing on Ctrip’s agenda. The company has also taken a high-profile role in talking about China’s population, travel boom and ageing problem.
Didi leads a $100m investment in Uber rival, Brazil's 99
01/05/2017
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1:21:36 PM
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Didi has also invested in Uber's rivals Lyft, Grab and Ola.
Car-hailing rules in Beijing, Shanghai call for local drivers
12/22/2016
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1:16:04 PM
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Detailed ride-sharing rules issued by Beijing and Shanghai requiring drivers to have local residency and license plates mean that vast majority of drivers currently in service will be ineligible.
Didi's move spotlights potential activities play
12/19/2016
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12:06:18 PM
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Taxi apps are more than just a way to get a cab on a smartphone – and China’s biggest taxi app Didi has spent the year of 2016 becoming very much like a mobile travel platform.
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