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Latest Articles in Didi Chuxing

China's Didi Chuxing Launches Standalone, Cheaper Ride-Hailing Service

The new service is not embedded in Didi's existing platform. Huaxiaozhu has a separate app with a logo that looks like a money pot.

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China's Didi Chuxing Raises Over $500 Million For Self-Driving Unit

The fundraising comes as SoftBank has been selling off other stakes to raise cash for stock buybacks aimed at supporting the price of its shares as its tech investments falter.

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SoftBank's Masayoshi Son Says Japan Is "stupid" For Not Allowing Ride-Sharing

SoftBank and Didi are launching a taxi-hailing service in Japan that would match users to existing taxi fleets

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Uber's Chinese Rival Didi Chuxing To Enter Mexico Next Year: Sources

Didi has no cars outside China, meaning Mexico could be its first international operation. Didi, whose brand is ubiquitous in China but little-known in the West, will launch a smartphone app in Mexico and recruit local drivers to the platform, according to the sources, who declined to be named

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A Merger To Watch Out For

$35 billion: The valuation of Didi Chuxing and Uber in China after the merger of the two. Uber is expected to hold 17.7 per cent in the combined entity in China

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Uber Says Didi Deal Frees Resources For Key Indian Market

Three years after it launched in India, Uber says it now operates in 28 cities and is completing 5.5 million passenger car trips per week

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Two Faces Of Global Trade

While the steel glut in China threatens social instability, its cab-hailing startup Didi has added redundant steel workers to its pool of drivers

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Ola Sideswiped As Uber, Didi Team Up In China

After the Didi deal, Uber is even more focused on India, which it has previously called its No. 2 priority overseas market

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A Win-win For Uber?

It is also pertinent to note that Didi already has exposure in the Indian market and holds a stake in single digit in Ola

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Uber-Didi Deal, A Resultant of Heavy Discounting: Meru Cabs CEO

This trend might happen in India as well, warned Pahwa. He said that the two leading taxi service providers are trying to create a monopoly or duopoly in the country

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After Bruising China Battle, Uber Cedes To Rival Didi

The merged entity is worth around $35 billion - combining Didi's most recent $28 billion valuation and Uber China's $7 billion worth

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Didi To Buy Uber China Operations In Deal Valuing Combined Firm At $35 Billion

The deal, if confirmed, would come after China last week issued guidelines that establish a long-awaited framework for the booming industry and remove uncertainty for firms such as Didi and Uber

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Investors Back Rivals Uber And Didi, Raising Eyebrows

Uber has raised more than $13 billion in equity and debt financing since it started in 2009. Didi this week confirmed a $7.3 billion funding round, bringing total fundraising to more than $10 billion

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