Didi Chuxing
Foxconn Invests in Uber's Rival Didi Chuxing
| Ellie Froilan | | Sep 09, 2016 12:12 PM EDT |
Didi, the "Uber of China," has received a new investment from Foxconn Technology Group, boosting the four-year-old Chinese ride-hailing company’s position as the second most valuable venture-backed private company in Asia.
Didi Chuxing Faces Anti-Trust Probe Following Uber China Acquisition
| Phenny Lynn Palec | | Sep 05, 2016 10:49 AM EDT |
Didi Chuxing is currently being investigated by Chinese regulatory authorities following the company's acquisition of Uber China. The investigators are seeking to uncover whether Didi violated Chinese anti-trust regulations.
Didi Chuxing Taps Local Taxi Operators as Partners
| Phenny Lynn Palec | | Sep 01, 2016 02:22 PM EDT |
Chinese ride hailing giant Didi Chuxing recently announced that it is tapping local taxi companies to further broaden its market in the local transportation sector. Didi Chuxing announced that it is planning to strike a deal with at least 50 taxi companies across 10 Chinese cities to improve their services and efficiency.
Didi Chuxing Expands Business to Car Rental Services
| Phenny Lynn Palec | | Aug 23, 2016 11:22 AM EDT |
Following its highly publicized acquisition of Uber China, China's leading ride-hailing company Didi Chuxing is expanding its business to car rentals.
Uber China, Didi Chuxing Join Forces
| Phenny Lynn Palec | | Aug 02, 2016 09:26 AM EDT |
Two of the biggest players in the Chinese ride-hailing industry are set to merge forces. Uber Technologies recently announced that it is selling its China business to competitor Didi Chuxing, which happens to be the biggest ride-hailing service in the country. The deal will put an end to the ongoing battle for dominance between the two giants.
Didi Chuxing, Uber can now Operate Legally in China; new Law to Take Effect in November
| Kat De Guzman | | Jul 30, 2016 11:59 AM EDT |
Days after investors revealed that they want Uber and Didi Chuxing to reach a sort of partnership agreement in China, the country has announced a new law that makes ride-hailing services legal in the country.
Uber Backers Claim Ride-Hailing Company Made Deals With Didi, But Chinese Company Denies Ties
| Kat De Guzman | | Jul 21, 2016 01:16 PM EDT |
Investors in Uber Technologies Inc. have reportedly revealed that deals are being made between the U.S. ride-hailing giant and its counterpart in China, Didi Chuxing.
Didi Chuxing Raises $7.3B to Keep Uber out of China
| Kat De Guzman | | Jun 16, 2016 08:14 AM EDT |
In an attempt to stop Uber from coming to China, Didi Chuxing Technology Co - the Chinese car-hailing app - has announced that it was able to raise $7.3 billion from its latest fundraising campaign.
Didi Chuxing: Uber Rival Raises $600 Million from China Life Insurance
| Rina S. | | Jun 13, 2016 06:40 AM EDT |
Chinese ride-sharing and ride-hailing app Didi Chuxing announced an infusion of $600 million from China Life Insurance Co Ltd, which also holds a stake in Didi Chuxing's rival and American multinational Uber.
Uber and Fiat Chrysler may Collaborate on Autonomous Cars
| Rina S. | | Jun 09, 2016 03:20 PM EDT |
Ride-sharing company Uber Technologies Inc. is reported to be in talks with Fiat Chrysler Automobiles NV for a potential collaboration on autonomous cars. According to the Wall Street Journal, the talks are still in the preliminary stage. Uber is also said to be holding talks with several other auto makers.
Didi Claims to be Making Profit in 200 Cities in China
| Rina S. | | Jun 03, 2016 06:32 PM EDT |
Didi Chuxing Technology Co., the largest ride-hailing company in China, has revealed that it is earning profits in more than half of the cities it is currently active in. The company is operating in about 400 cities in China.
Apple's Didi Chuxing Investment: Uber's Chinese Rival Secures $1 Billion Funding From U.S. Tech Giant
| Som Patidar | | May 13, 2016 10:23 AM EDT |
China's leading ride-hailing app Didi Chuxing has announced that the company has received an investment of $1 billion from Apple Inc. This is the single largest funding Didi has ever received.
Driver for Didi Detained for Driving Half-naked while Servicing Female Passenger
| Julio Cachila | | May 10, 2016 01:40 PM EDT |
A driver for a famous Chinese car-hailing service company was detained for 10 days for driving half-naked.
Didi Chuxing Suspends More than 8,000 Drivers
| Julio Cachila | | May 09, 2016 09:09 AM EDT |
Following the murder of a female passenger that was riding a car driven by one of its registered drivers, Chinese car-hailing company Didi Chuxing has suspended more than 8,000 drivers on the grounds of failed standards.
Woman Killed by Driver of Popular Chinese Car-Sharing Company
| Julio Cachila | | May 05, 2016 07:16 AM EDT |
A young woman traveling to her workplace on Monday was killed along the way by the driver of the car she had called for a ride.
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