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Honda and Alphabet are reportedly in talks to collaboratively develop autonomous cars.

Grab Scores Major Investment Deal With Honda

Phenny Lynn Palec   | Dec 12, 2016 10:00 PM EST

Japanese auto giant Honda recently announced that it is investing in Grab, the ride-sharing service widely held as Southeast Asia’s answer to Uber. Financial details of the deal were not disclosed. However, many industry analysts said that it is part of Honda’s strategy to broaden its market into the growing ride-sharing industry.

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Grab Collects $750 Million in Latest Funding Run

Phenny Lynn Palec   | Sep 21, 2016 01:45 PM EDT

Ride-hailing service Grad has confirmed that it has completed its latest round of funding and was able to accumulate $750 million in new capital. Grab is widely considered by many tech analysts as the biggest rival of Uber in the Southeast Asian market.

Didi Kuaidi Reported that It is profitable at half of its locations

Didi Kuaidi Teams Up with Lyft to Hail Ride for Chinese Travelers in the US

Charissa Echavez   | Apr 12, 2016 11:18 AM EDT

Chinese travelers who use the ride-hailing app Didi Kuaidi in China can still use the mobile app to book a ride through its new partner Lyft when visiting the United States.

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