Didi Chuxing

China’s Didi beefs up its newly-independent car services business with an acquisition

A week after spinning out its driver services business and giving it $1 billion in investment capital, Didi Chuxing has added to it through an acquisition. Xiaoju Automobile Solutions (XAS), which the

Fast-growing Chinese media startup ByteDance is raising $2.5B-$3B more

Fast-growing Chinese media startup ByteDance is looking to raise as much as $3 billion to continue growth for its empire of mobile-based entertainment apps, which include news aggregator Toutiao and v

India’s Uber rival Ola is headed to Europe with ride-hailing launch in the UK

The UK is getting a new alternative to Uber after India-based ride-hailing company Ola announced plans to expand to the country, which will become its first market in Europe. Ola was founded in 2010 a

China’s Didi pumps $1B into its rebranded driver services business

Didi Chuxing is going pedal to the metal for its automobile services business after it announced it will invest $1 billion into the division, which is also getting a rebrand. The Chinese ride-hailin

Grab picks up $2 billion more to fuel growth in post-Uber Southeast Asia

Grab, the ride-hailing service that struck a deal to take Uber out of Southeast Asia, has announced that it has pulled in $2 billion in new capital as it seeks to go beyond ride-hailing to offer more

China’s Didi Chuxing is close to launching a taxi-booking service in Japan

Days after raising $500 million via a strategic investment from travel giant Booking Holdings, Chinese ride-hailing giant Didi Chuxing has continued its international push with the launch of a local

Travel giant Booking invests $500M in Chinese ride-hailing firm Didi Chuxing

Didi Chuxing, China’s largest ride-hailing company, has pulled in some strategic capital after Booking Holdings invested $500 million into its business. The deal will see Booking Holdings &#8212

China’s Didi Chuxing continues its international expansion with Australia launch

Didi Chuxing, China’s dominant ride-hailing company, is continuing its international expansion after it announced plans to launch in Australia this month. The company — which bought Uber&#

Didi will resume late night Hitch rides, but only allow drivers to pick up passengers of the same sex

Didi Chuxing’s inter-city carpooling service will resume night operations on a limited basis about a month after a female passenger was allegedly murdered by an unregistered driver who accessed the

Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes

The well-funded startups driven to own the autonomous vehicle stack

At some point in the future, while riding along in a car, a kid may ask their parent about a distant time in the past when people used steering wheels and pedals to control an automobile. Of course, t

Pick up some moving insights into the future of mobility with Gett chief executive Dave Waiser in Tel Aviv

Dave Waiser has been at the forefront of the mobility technology revolution in Israel for the past eight years, ever since he launched Gett in 2010. One of the last companies standing in the ultra-com

China’s Didi pares back ‘hitchhiking’ car service following passenger murder

Didi Chuxing is making big changes to Hitch, its inter-city carpooling service, following the murder of a passenger at the hands of a driver earlier this month. Last week, Didi — China’s

Didi Chuxing can now test self-driving cars in California

Quite a number of companies — 53, to be exact — have received permits to test self-driving cars with a safety driver in California. One of the more notable companies that has received such

China’s Didi Chuxing suspends carpooling service following murder of a passenger

Didi Chuxing, China’s largest ride-hailing service, has suspended its Hitch, one of its carpooling services, for one week as it investigates the murder of a passenger. The victim was a 21-year-o

China’s Didi Chuxing launches its ride-hailing service in Mexico

China’s ride-sharing leader Didi Chuxing has continued its global march after it officially launched in Mexico, expanding its battle with Uber to a new front. The company raised $4 billion in De

Lyft is considering entering Japan’s challenging ride-hailing market for some reason

Lyft, Uber’s chief nemesis in the U.S., is thinking of entering the fiercely competitive Japanese ride-hailing space, according to comments from one of its founders. “We would love to be in Ja

China’s Didi Chuxing confirms it has launched a food delivery business

Amid plenty of speculation, China’s ride-hailing leader Didi Chuxing has officially entered the food delivery space. The company, which acquired Uber’s China-based business in 2016, confir

Global tech firms and investors are reshaping Latin America’s startup environment

Julie Ruvolo Contributor Julie Ruvolo, a former writer for TechCrunch, is the head of editorial content for the Latin American Private Equity and Venture Capital Association. More posts by this contri

Sony Corp. to launch an AI-based taxi-hailing service in Japan

Sony Corporation said today that it will build an AI-based ride-hailing system in Japan in partnership with five taxi companies. The service will use artificial intelligence to manage taxi dispatches
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