Didi Chuxing
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China's Didi Said Near Deal to Become Most Valuable Asia Startup
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…
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Ofo Becomes Chinese Bike-Sharing Unicorn After Giant Fundraising
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,…
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Uber Might Have the Last Laugh Over China
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…
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Beijing, Shanghai propose curbs on who can drive for ride-hailing services
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…
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Didi Chuxing invests 'tens of millions' in Chinese bike-sharing platform
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…
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Economists see ride-hailing industry as ripe for competition
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…