EghtesadOnline: Chinese ride sharing company Didi Chuxing was on a roll just a couple of months ago after driving Uber Technologies Inc. out of the country to cement itself at the top of the market. That was before local governments stepped in with new rules that could derail its victory.

EghtesadOnline: Regulators in Beijing and Shanghai are proposing restrictions on who can operate as drivers for ride-hailing services such as Didi Chuxing and Uber, possibly making it tougher for those services to recruit drivers.

EghtesadOnline: Chinese ride-hailing service Didi Chuxing on Monday said it has invested "tens of millions of dollars" in the country's largest bicycle-sharing platform ofo, as it looks to provide its users with more transportation options.

EghtesadOnline: Chinese powerhouse Didi Chuxing 's acquisition of Uber Technologies Inc's China operations marked the biggest move yet toward consolidation in an industry that many investors and Silicon Valley pundits view as a winner-take-all game.

EghtesadOnline: Ride-hailing giant Didi Chuxing is near an agreement to raise at least $5 billion in a deal that would make it the most valuable startup in China, according to people familiar with the matter.

EghtesadOnline: A bruising battle between China’s two largest bike-sharing services just ramped up a notch. Ofo has raised $450 million from backers including DST and car-hailing giant Didi Chuxing , taking its valuation to more than $1 billion.