didi chuxing


SoftBank Chief Exec's Son says Japan is 'stupid' for not allowing ride-sharing

Jul 19 2018

SoftBank Group Chief Executive Masayoshi Son slammed the Japanese government’s ride-sharing ban and said the country had fallen behind overseas rivals in areas such as artificial intelligence and fintech.

China's Didi says gets $500 mln investment from Booking.com parent

Jul 17 2018

Chinese ride-hailing app Didi Chuxing said it has received a $500 million investment from U.S. travel firm Booking Holdings Inc (BKNG.O) as part of a new agreement.

China's Didi signs up Continental for purpose-built electric cars

Jul 10 2018

China’s Didi Chuxing signed an agreement with German automotive supplier Continental AG on Tuesday to cooperate in developing internet-connected, electric cars tailor-made for Didi’s ride hailing services.

Factbox: German companies sign contracts with Chinese partners

Jul 10 2018

German companies signed a series of agreements with Chinese partners during a visit by Chinese Prime Minister Li Keqiang to Germany.

Mobike to scrap China user deposit in bike-sharing race

Jul 05 2018

Mobike, one of the world’s biggest bike-sharing companies, is doing away with deposits for all customers in China, amid fierce battle to win users.

Toyota Motor to invest $1 billion in ride-hailing firm Grab

Jun 13 2018

Toyota has agreed to invest $1 billion in Southeast Asian ride-hailing firm Grab as a lead investor in the company’s ongoing financing round.

Didi says to halt hitching biz in China for a wk for driver check

May 11 2018

China’s Didi Chuxing, said it would halt for a week one of its domestic services, which it calls “ride-hitching”, following the death of a female passenger that sparked questions about safety.

VW in talks to manage Didi fleet, co-develop self-driving cars

May 02 2018

Volkswagen, is in talks to form a joint venture with Didi Chuxing to manage part of the ride-hailing company’s fleet of cars and help develop “purpose-built” vehicles.

SoftBank to move ride-hailing stakes worth $20 billion to Vision fund

Apr 25 2018

SoftBank Group plans to shift more than $20 bn of its investments in top ride-hailing companies including Uber, Ola, Grab and Didi into its Saudi-backed Vision fund.

China's Didi Chuxing launches ride service in Mexico

Apr 23 2018

Didi Chuxing began offering its service in the Mexican city of Toluca, setting up a potentially costly battle with rival Uber in a key Latin American market.

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