Uber
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.
Mobike is the Uber for Bicycles
Phenny Lynn Palec | | Jul 08, 2016 07:05 AM EDT |
An Uber spin-off has been launched in China by an ex-Uber employee. The new service called Mobike offers a similar ride-hailing feature like Uber, but instead of cars, it is an on-demand bicycle rental service.
Uber China Wants to Capitalize on 90-Second Required App Duration
Phenny Lynn Palec | | Jul 01, 2016 07:16 AM EDT |
In China, Uber users are required to open the app for at least 90 seconds after they get into the car they have hailed. While this does not seem to be a long duration, Uber is planning to capitalize on that minute-and-a-half mark by sending out valuable information or even ads to users.
Uber Offers Boat, Hot Air Balloon Rides in China
Charissa Echavez | | Jun 30, 2016 02:40 AM EDT |
Because of tough competition, Uber has added some extra services to its Chinese customers, by hailing them not only a car but also a boat and even a hot air balloon.
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.
Uber's Scheduled Rides Feature now Allows Users to book Rides 30 Days in Advance
Phenny Lynn Palec | | Jun 14, 2016 01:07 AM EDT |
Ride-hailing service Uber recently released a new feature known as Scheduled Rides and as the name suggests, it will allow users to book a ride up to 30 days in advance unlike conventional transport services.
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 Launches 'Scheduled Rides' Feature Up to 30 Days
Ellie Froilan | | Jun 10, 2016 03:06 AM EDT |
Uber has announced a new feature that will let riders to book a ride up to 30 days ahead of time and eventually scheduled rides would come to all its users.
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.
Uber: Ride-Hailing Company Releases Series of new Features, Perks for Drivers
Phenny Lynn Palec | | Jun 08, 2016 10:42 AM EDT |
Ride-hailing company Uber recently rolled out a host of new features and perks in an attempt to appease its drivers.
Bitauto Raises $300 Million in Funding Round: Baidu Invests $50 Million
Staff Reporter | | Jun 07, 2016 05:38 PM EDT |
Bitauto Holdings Ltd., an online content and marketing services outfit, raised $300 million in its latest funding round. Leading technology companies such as JD.com, Tencent and Baidu participated, with each contributing $50 million.
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.
Uber: New York Drivers File Lawsuit Claiming Ride-Hailing Company is Stealing Their Wages
Kat De Guzman | | Jun 03, 2016 04:28 AM EDT |
Uber has once again been hit with a lawsuit filed by 10 Uber drivers from the New York Taxi Workers Alliances (NYTWA) claiming that the ride-hailing and ride-sharing company is stealing their wages.
Saudi Arabia Invests $3.5 bn in Uber
Christian George Acevedo | | Jun 01, 2016 09:23 PM EDT |
Saudi Arabia is injecting $3.5 billion to Uber, keeping its valuation unchanged at $62 billion.
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