DUBAI, United Arab Emirates -- Didi Chuxing, China's largest ride-hailing company, has invested in Middle East online taxi service Careem in a partnership deal that marks Didi's latest international ...
The Institute for Sustainable Mobility (IMOS) in Baja California announced progress in regulating transportation platforms like Uber and DiDi. IMOS Director Jorge Alberto Gutiérrez Topete noted that ...
A deal between the two - which have been spending heavily to gain market share and battling fiercely for passengers - could be announced as early as Monday, said the source, who declined to be ...
SAN FRANCISCO (Reuters) - China ride-hailing service Didi Chuxing's dominance of Uber Technologies in the China market may provide a playbook for regional rivals to fend off the biggest U.S.
Apps of Didi and Uber on a cellphone of a citizen in Hangzhou, capital of east China's Zhejiang Province, on Aug. 1, 2016. [Photo/Xinhua] Last week's truce-merger, if you will-between rival discount ...
BEIJING (Reuters) - A merger between Chinese ride-hailing firm Didi Chuxing and the China unit of U.S. rival Uber could face its first hiccup after China's commerce ministry (Mofcom) said on Tuesday ...
Revving up its global rivalry with Uber, Chinese ride-hailing giant Didi Chuxing has announced it’s buying Brazilian startup 99. The deal is worth about $600 million, according to a person familiar ...
DiDi Global's current market valuation of around $14 billion on the OTC market does not accurately reflect its true underlying value, creating a significant discrepancy. The strong moat created by ...
Uber posted $6 billion in losses in the first quarter due to its investments in Didi and Grab. Shares of the two Asian ride-hailing giants have plunged since they were listed in the US last year.
BEIJING -- China's dominant car-hailing app Didi Kuaidi told shareholders it had three times the number of daily private car trips than Uber Technologies Inc. just weeks after its U.S. rival boasted ...
Didi's Zijian Li talked about collaboration with other ride-sharing apps like Lyft as a way to compete with Uber, at the Converge conference in Hong Kong. Photo: Lyft Global ride-hailing giant Uber ...