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Didi-Kuaidi in high gear for US IPO in June 2015

03/28/2015|11 years ago

The newly formed Didi-Kuaidi taxi app mega merger is racing to make a US IPO as early as June 2015 in order to catapult itself to a stage of high-speed growth.

CAR Inc claims it will lead the chauffeur service segment within 6 months

04/01/2015|11 years ago

CEO Zhengyao Lu said: “We will invest at least RMB2.5 billion to attract new customers at the beginning and we have unlimited cash reserves to continue.”

Uber and Yongche reportedly mull merger

03/12/2015|11 years ago

Uber and Yongche are said to be discussing a possible partnership in a struggle to survive in the Chinese taxi app market.

Baidu leaders upbeat about Uber partnership

02/13/2015|11 years ago

Baidu CEO Robin Li and CFO Jennifer Li expressed a positive outlook for its Uber partnership in its February 12 phone conference.

CAR Inc’s entry set to realign chauffeur service market

01/08/2015|11 years ago

CAR Inc has launched an online chauffeur service as one of its 2015 core initiatives, cutting into the market dominated by Didi Taxi, Kuaididache and Yongche.

Carpool app Tiantian Yongche raises US$10 million

01/29/2015|11 years ago

Tiantian Yongche has raised US$10 million in its Series B following a US$3 million Series A funding in June 2014.

Qunar vies for market share with startups in open platform scheme

01/05/2015|11 years ago

Qunar is aggressively recruiting startups in a bid to counter strong competition and secure a corner on the market.

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