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Chinese ride-hailing giant Didi Chuxing (Didi) has officially launched its taxi-hailing business in Japan, as part of a previously announced joint venture with SoftBank. Didi, for the uninitiated, emerged back in 2015 following a merger between local Chinese rivals Didi Dache and Kuaidi Dache, and the combined entity is now the market leader in Chi…Read More
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China’s Didi Chuxing is rolling out new safety measures for its Hitch carpooling service after a driver allegedly killed a passenger last week. Drivers will need to verify their identities through facial recognition before each trip — the alleged murderer, who was also found dead over the weekend, was using his father’s Hitch account when […]
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 […]
Didi, the company that purchased the rights to Uber in China, plans to build an electric, autonomous ride-sharing service with Renault-Nissan-Mitsubishi and other automakers. The two companies are currently in the exploration stages, but Renault said it will launch “robo-vehicle ride-hailing services” with Didi as part of its Alliance 2022 strategic plan. Renault-Nissan-Mitsubishi previously announced […]
Didi Chuxing has announced another gargantuan equity funding round, as the Chinese 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 […]
ANALYSIS: The global e-taxi battle took another interesting turn this week when Didi Chuxing — by far the largest ride-hailing company in China — invested in Careem, an Uber rival that’s popular in dozens of cities across the Middle East, Africa, and Asia. The partnership represents the latest in a long string of collaborations, mergers, […]
Chinese ride-hailing giant Didi Chuxing (Didi) has made a strategic investment in Careem, a rival service that’s popular in parts of the Middle East, Africa, and Asia. The investment — for an undisclosed amount — represents part of a broader partnership that will see the duo “share knowledge in intelligent transportation technology, product development, and […]
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 […]
Chinese ride-hailing giant Didi Chuxing (“Didi”) has announced a new bilingual service as it looks to ramp up its appeal to international travelers. The company, which merged with Uber’s Chinese operations in a $ 30 billion deal last year, is rolling out an English-language interface initially for riders in Beijing, Shanghai, and Guangzhou, thus opening the service to potentially […]
