Bottom line: Didi Chuxing’s new marriage with Uber China could quickly come under stress due to rivalries between the pair outside China, and might force them to forge a broader global alliance. This ...
Didi, the Chinese ride-hailing giant, has filed for an IPO with the SEC. The listing will be the largest IPO of the pandemic era and its valuation could eclipse that of Uber's current market ...
Uber may have given up its Chinese ride-sharing business and had it merge with rival Didi Chuxing, but that does not mean the merger will not be scrutinized and looked over with a fine-tooth comb by ...
HONG KONG -- Chinese ride-hailing company DiDi Chuxing is investing an undisclosed amount in Estonian online taxi firm Taxify to help it expand in Europe and Africa, where it has gained share in some ...
Andrew J. Hawkins is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Didi ...
Uber became legal in China Thursday when the country passed new regulations sanctioning ride-hailing services. Credit: Wang gang/VCG via Getty Images Uber's network has become so much bigger -- and ...
Monday's merger announcement between Didi Chuxing and Uber China remains far from concluded, with a top Chinese regulator indicating that there is a lack of approval to allow the deal to go ahead. On ...
Editor’s note (June 30th 2021): Shares in Didi are due to start trading on the New York Stock Exchange today. Its initial public offering is expected to give the firm a market capitalisation of more ...
China has opened an investigation to determine whether Didi’s Chuxing’s impending acquisition of Uber China violates national anti-trust laws. The development — which was first reported by the Wall ...
A new ride-sharing app is ready to give Uber a headache, at least in London. SEE ALSO: Team of rivals: The startups Uber competes against around the world Estonian company Taxify, backed by China's ...
Lately, news from the ridesharing industry seems to come in one of two flavors. There’s salacious coverage of the ongoing cultural and leadership woes of the industry’s current (and perhaps temporary) ...
Last summer, Uber and Didi Chuxing struck a truce, with Uber selling its ridesharing business to Didi in exchange for about a 20% stake in the combined company. That peace deal didn't last long. On ...
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