Tue, 11 Sep 2018 14:53
China suspends carpool services following murders
China has ordered the suspension of carpool services offered by ride-hailing firms until tighter safety measures are implemented, seeking to ease fears after two users of sector leader Didi Chuxing's Hitch service were murdered.
Tue, 28 Aug 2018 01:00
Death puts ride-hailing giant in retreat
DIDI Chuxing, China’s largest online car-hailing platform, has decided to suspend its “hitch” ride service nationwide after the alleged rape and murder of a female passenger by a Didi driver in Zhejiang province over the weekend.
Fri, 28 Jul 2017 01:00
Why Uber is losing out in Southeast Asia
By any measure, the April 2016 decision by Uber Technologies Incorporated to sell its China operations to rival Didi Chuxing was a defeat.
Mon, 24 Jul 2017 12:56
Uber rival Grab to raise $2.5 billion in new financing
SINGAPORE - Southeast Asian ride-hailing firm Grab said Monday it expects to raise $2.5 billion in financing, mostly from China's Didi Chuxing and Japan's Softbank, as it strengthens its lead over rival Uber.
Mon, 24 Jul 2017 11:41
Grab receives $2 bn in funding
Grab announced on Monday that Didi Chuxing and SoftBank Group Corp will invest US$2 billion (Bt67 billion) in the Singapore-based ride-sharing platform.
Fri, 02 Sep 2016 15:37
China opens anti-trust probe into Uber, Didi merger
BEIJING - Beijing said on Friday it had launched a probe into the merger of Chinese ride-sharing giant Didi Chuxing and the local operations of its US rival Uber, saying the deal went through without its approval.
Tue, 02 Aug 2016 15:46
Uber China merges with Didi Chuxing
Travis Kalanick, CEO and Co-Founder, Uber said that today we’re announcing our intention to merge Uber China with Didi Chuxing.
Mon, 01 Aug 2016 16:29
Didi Chuxing confirms buying Uber operations in China
BEIJING - Chinese ride-sharing giant Didi Chuxing is to take over the China operations of its US rival Uber, it said in a statement Monday, ending a ferocious battle for market share that cost both firms billions.
Mon, 01 Aug 2016 13:02
Uber China to merge with local rival Didi: Bloomberg
BEIJING - Ride-sharing giant Uber is to merge its China operations with local rival Didi Chuxing, reports said Monday, ending a ferocious battle for market share in the world's second-largest economy.
Fri, 13 May 2016 11:18
China taxi app Didi gets $1 billion from Apple
BEIJING - Apple will invest $1 billion in Chinese ride hailing app Didi Chuxing, the Beijing company said Friday as it vies with bitter US-based rival Uber for market share in China.