VV Go claims to use blockchain to better ensure safety.
An update to a subsidiary’s filing with the local government added online taxi booking, used automobile sales and public transportation services.
Corporate VCs run by tech giants are some of the most active, and important, investors in China. But a rising unicorn needs the right partner to succeed.
In the second part of a two-part series, we look at Hello TransTech’s role in Alibaba’s all-in-one lifestyle ambitions.
Didi Dache and Kuaidi Dache, China’s two largest taxi-hailing apps, have confirmed that they will merge to become the largest taxi app company in China. The two firms will maintain their brands and independent business operations with their personnel structures unchanged after merger. Cheng Wei and Lu Chuanwei, CEOs of Didi Dache and Kuaidi Dache […]
Didi Chuxing, the leading ride-hailing service in China, has reached a deal to acquire Uber’s China operations in a merger that could be worth up to $35 billion USD. Didi will take over Uber’s China business, while the U.S. company will become Didi’s largest shareholder. The news comes days after Chinese regulators announced the upcoming legalization of […]
Editor’s note: This was contributed by Sheji Ho, the Group Chief Marketing Officer at aCommerce, an end-to-end e-commerce enabler in Southeast Asia. Currently based in Bangkok but having previously worked in China, Sheji writes about e-commerce, tech, the internet, and how Southeast Asia is the next China. In his seminal presentation at DLD15, NYU professor […]
Uber is learning a tough lesson about what happens when you go head-to-head with China’s tech giants on their own turf. Tencent, the tech company that oversees the China’s most popular chat app WeChat, has has blocked all Uber accounts on its social platform, affecting the service across more than a dozen cities. Tencent-backed Didi Dache is the country’s […]
Chinese designated driver app eDaijia is cutting one fifth of their staff in an attempt to stay competitive, as market giants Didi and Uber expand aggressively. According to multiple Chinese media outlets who cite an internal letter from the company’s CEO, Yang Jiajun, the company will be laying off approximately 20% of their staff to curb […]
Didi Dache-Kuaidi Dache, China’s largest taxi-hailing startup which is said to account for more than 90 percent of the market share, has just revealed a US$142 million investment from Weibo, a SEC filing of the Twitter-like social network. Weibo said in the filing the investment will be made through its Cayman Islands holding company Xiaoju Kuaizhi Inc. This investment […]