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30 Aug 2018

China: Pressures on ride-hailing company Didi Chuxing intensify

The incident, which follows a similar grisly killing by a Didi driver in May, triggered public and government backlash - and created an opening for rival services to chip away at Didi`s dominance in China, industry analysts say.

24 Jul 2017

Grab, Uber's SEAsia rival, to raise $2.5 billion from Didi, SoftBank, others

Grab expects to raise an additional $500 million, bringing the total to $2.5 billion in this round, which it said would be the largest-ever single financing in Southeast Asia.

Chinese anti-monopoly regulators

02 Sep 2016

Chinese regulators reviewing Uber-Didi merger

Chinese anti-monopoly regulators are reviewing the proposed merger of ride-hailing service Uber Technology Ltd.'s Chinese operations with its biggest local competitor.

12 Aug 2016

Didi's Cheng Wei: Chinese patriot who tamed Uber

Cheng Wei, 34, was once assistant to the head of a foot massage firm. Last week, his company Didi Chuxing bagged Uber`s China business in a deal valuing his ride-hailing start-up at $35 billion - a second success in as many years in a gruelling battle with a rival.

01 Aug 2016

Uber China to merge with local rival Didi in $35 billion deal

Ride-sharing giant Uber is to give up its ferocious battle for market share in China by merging its operations with local rival Didi Chuxing, reports said Monday.

17 May 2016

Apple invests in Uber's Chinese rival 'Didi Chuxing': Key things you need to Know

Key things you should know about the Apple investment in Uber's Chinese rival 'Didi Chuxing'.

18 May 2016

Apple's Tim Cook visits Beijing after China woes, Didi deal

Cook has planned to meet high-level government officials, a source familiar with the matter said earlier this month.

16 May 2016

China car-hailing app eyes going public: report

Beijing: Chinese ride-hailing app Didi Chuxing is mulling an initial public offering, a report said Monday, after US technology giant Apple invested $1 billion in the rival to Uber.

13 May 2016

Apple invests $1 billion in Chinese ride-hailing service Didi Chuxing

The investment comes as Apple is trying to reinvigorate sales in China, its second-largest market.

18 Nov 2015

Chinese car-hailing app Didi makes inroads into India

China's leading ride-hailing app Didi Chuxing today made inroads into India by becoming part of a group of investors channeling USD 500 million into Indian taxi aggregator Ola.

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