[TechCrunch Shanghai] Uber’s Business Expansion Plan in China

  Sam Gellman: Head of Asia Expansion, Uber Online Car Booking Service Uber is recording meteoric expansion in Asia, offering services in around ten Asian cities, such as, Shanghai, Singapore, Seoul, Taipei, etc. after securing Series C financing at a valuation of $3.5 billion in late August. Sam Gellman, head of Uber’s Asia Expansion Division, is on stage at TechCrunch Shanghai to expound…

Didi offers virtual banking services in Brazil amid intensified rivalry with Uber

A Didi executive said on Wednesday at that the company has launched virtual banking services to its drivers and passengers in Brazil as the company expands in Latin America. Why it matters: The Beijing-based ride-hailing giant is expanding its business to international markets such as Southeast Asia, Japan, and Latin America, the major fronts in its competition with Uber. Uber CTO Thuan…

Don’t miss Hujiang CCtalk, Zhangmen, Laidian Technology, and LexinFintech at TechCrunch Shenzhen’s Main Stage

Big data is now the most valuable asset in the technology industry. With the integration of digital technology into a myriad of industries, as well as new industries, new products and new services, data has proved vital and advantageous for innovative success in China. The country’s large population, exuberant consumer demand, unique digital environment, constantly developing infrastructure,…

What you missed at TechCrunch Shanghai 2017

This week saw TechCrunch land in Shanghai for yet another great event. While Shenzhen might be the hardware capital, Shanghai has a potent mix of hungry entrepreneurs from all over the world. We were delighted to welcome back for the 7th time more than 8000 people including 600 for the hackathons, 300 investors, 200 startups and companies from over 25 countries. If didn’t get a chance to make…

TechCrunch Shanghai startup competition winner Blue Sky Labs sucks up RMB 1 million prize

Blue Sky Labs won the TechCrunch Shanghai 2017 Startup Competition with its plans to manufacture products to help consumers tackle problems with air, water and food. The prize was RMB 1 million in the form of an interest-free convertible debt bond from Gobi Partners. TechCrunch Shanghai 2017 was brought to a fitting close: recognition of a startup that incorporates the values of the event. After…

Live from TechCrunch – China’s companies forced to move faster to stay ahead

With the rise of mass innovation in China, money is flooding into startups, especially those in the latest emerging verticals. Xiaomi CEO Lei Jun puts it more colorfully: “Even a pig can fly if it is in the middle of a whirlwind.” Despite the sector-wise differences, history is repeating itself in China’s internet industry. Nearly every whirlwind sector is going through a similar path. A certain…

Highlights Of The TechCrunch Shanghai 2016 VR Summit

China's virtual reality market could be worth $80 billion USD by 2025, which is why we added a whole extra day to TechCrunch Shanghai 2016, organized by Technode, dedicated especially to developments in VR. Alongside fourteen superb panels and keynotes, we also invited a handful of headset and content makers from across Asia to give us a hands-on preview of the future of VR: Shanghai-based VR…

Uber China Wants To Make Bank On Your First 90 Seconds In The Car

When hailing a ride, Uber users in China keep the app open for an average of 90 seconds once they get in the car, according to the company. A minute and a half doesn't seem like much, but in the word of mobile content it's very valuable. Which is why Uber is hoping to make serious bank on that minute and a half. In May, the company first announced their UberLIFE initiative for China, which…

Uber Opens Up Fare-Split Carpool Service To Chinese Users

In a troubled quest to win over Chinese market, Uber China recently upgraded its non-for-profit ride sharing platform People’s Uber as “People’s Uber Plus”, adding a new feature that allow riders to pick up others who take the same routes and to split the bill. The new service has launched in downtown areas of Beijing, Shanghai and Guangzhou. While most of Uber’s services do not require users to…

Baidu Joins China Cab-Hailing Market With Uber Purchase

China's top three internet companies are competing by proxy through their stakes in the domestic car services market following Baidu's undisclosed investment in Uber earlier this week. Internet giants Alibaba and Tencent are already backing taxi-apps Kuaidi Dache and Didi Dache respectively. Users of Chinese taxi-apps are expected to number 45 million by 2015, and local internet giants are…