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Search results for “subsidy”
Didi "close to raising $2 billion in new funding"
05/06/2016
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10:34:51 PM
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Funding said to exceed previous $1.5 billion target on demand; Didi said to be valued at about $25 billion by investors
Foreign Airlines reported to have “Favored Nation Status” subsidies over 600 million RMB
09/25/2014
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7:17:04 PM
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"Chinese Airlines are facing increasingly fierce competition in international routes yet many foreign airlines enjoy ‘Favored Nation Status’ in China".
Ride-hailing platforms including Didi and Uber raise prices, no more money burning
07/28/2016
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11:33:16 AM
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Ride-hailing platforms including Didi, Uber, UCAR and Yidao have cut subsidies and raised prices in several cities since last month.
Chinese online booking giant Ctrip readies itself for global expansion
09/02/2016
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3:26:06 PM
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Ctrip wants to get more global so it can serve travelers outside of China while domestically it is taking profits from high-end hotel-room sales.
New Third Board-listed UCAR eyes bigger presence in China’s auto industry
07/25/2016
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9:25:57 AM
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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.
China mergers lead to fewer discounts on ride-sharing and travel
08/15/2016
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5:48:58 PM
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Mergers of Didi-Kuaidi, Meituan-Dianping, Ctrip-Qunar were all backed by at least one of the Baidu-Alibaba-Tencent (BAT), who have orchestrated mergers to staunch losses.
Ride-sharing economy faces long-term threats from robotic taxis
09/07/2016
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3:30:55 PM
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Car-hailing service may prevail for now, but self-driving technology is growing to change the competitive landscape, according to ABI Research.
Ctrip gains from virtuous cycle in a category that continues to grow
09/02/2016
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11:47:07 PM
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Ctrip asserts the one-stop travel shopping model is suave, and the scale that can be achieved will be significant going forward.
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