Didi Chuxing tightens ride-sharing rules after murder

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Didi Chuxing receives permit to test self-driving cars in California

You might not hail a ride from China’s Didi Chuxing unless you visit Mexico, but there’s still a real chance you’ll see its vehicles on the road. California’s Department of Motor Vehicles has issued an autonomous vehicle testing permit to Didi’s American research wing, clearing it to operate self-driving cars as long as there’s a […]

Chinese ride-hailing giant Didi Chuxing raises $4 billion for AI push and international expansion

Didi Chuxing has announced another gargantuan equity funding round, as the┬áChinese ride-hailing giant reveals it has raised a further $ 4 billion. This latest round comes just eight months after the company raised $ 5.5 billion, which followed a year after it raised $ 7.3 billion from big-name backers including Apple. This new cash injection […]

‘Partner’ Didi Chuxing is freezing Uber out of Southeast Asia

Part of Uber’s sky-high $ 70 billion valuation was due to its optimism about expansion in China, India and other parts of Asia. However, its China adventure was a money bonfire that finished when it sold out to rival Didi Chuxing for $ 1 billion. Its plans for expansion to Thailand, Malaysia and other parts […]