When it seemed like we were about to hear the eulogy to the troubled industry, Meituan-Dianping and Didi Chuxing – companies that timely bought into bike-sharing flag-bearers Mobike and Bluegogo – started revitalizing their bicycle fleets.
CEO of Didi Chuxing, Cheng Wei, announced at the roundtable forum of the WAIC 2019 that his company will expedite the manned Didi autopilot tests in Shanghai and will invite ordinary users to participate in the experience.
Chinese mobile transit platform Didi Chuxing has further expanded into Latin America and rolled out its ride-hailing services on Aug. 6 in Santiago, Chile.
It has been 325 days since Didi’s Hitch service was suspended. On July 18, DiDi held a press conference, focusing on issues concerning its Hitch business.
A Didi driver broke through a police barrier on June 13, trying to escape examination, injuring four, including one law enforcement officer, according to ThePaper.
Almost three years after Didi emerged triumphant in the war for the Chinese market, the two ride-hailing companies have again clashed over emerging markets like Latin America. As Uber and Didi are at different stages in their development, with different strategies, the key question is: what’s next in the race for global mobility domination?
CNBC released their list of 2019 Disruptor 50 companies, containing the most influential and innovative companies in various industries, from biotech and machine learning to transportation, retail and agriculture. Two Chinese firms, the ride-hailing giant Didi-Chuxing and Xiaohongshu, ranked among the top ten.
Following the release of a Reuters article on Sequoia Capital China’s 20 percent cut of investment staff, Sequoia China has dismissed the report firmly, claiming that the published article is “nonsense” and a malicious attempt for defamation.
Chinese Internet giant Baidu topped industry peers by a landslide in autonomous driving technology by having the most number of test license plates and vehicles, and the longest overall distance driven.
After several tragedies of passenger rape and murder while using Didi, a Chinese ride-hailing company, people have once again raised concerns about safety.
Following the layoff trends from the end of last year, insiders say that the ride-hailing giant Didi-Chuxing is considering massive layoffs in departments such as product technologies and ride-hailing. The layoff is expected to exceed 25 percent.