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Didi's two rounds of financing in 2017 totaled between US $9.5 billion and $10.5 billion. According to a Renaissance Capital report, there were 37 science and technology IPOs in the US that attracted $9.9 billion in financing in 2017. That would mean Didi's total capital raised this year is more than the total technology IPOs…

On October 20, Dida, a carpooling and shared travel company, announced it expanded the business scope and officially launched the taxi services. In addition to existing carpooling service, users can hail taxis in the latest version of the Dida App. In addition, the Dida is also engaged in the business contact with Mobike.

Cheng Wei, the founder, chairman and CEO of Didi, was invited to speak at Tsinghua University yesterday evening. When sharing his experience of starting up business with college students born in 1990s and 2000s, Cheng Wei said, we possibly were at the best time now since the millennium. With technology explosion and industrial revolution, young…

Didi Chuxing is the largest unicorn company in China valued at 50 billion USD. Over the past three years, not only did the company’s valuation grow in double digits, its investors also witnessed the highest rate of return ever of over ten thousand folds. However, despite the rapid expansion growth Didi is experiencing, the company…

One account can be used in both Mobike and Shouqi Limousine &Chauffeur and which do you prefer, this combination or Didi +ofo? Today, Mobike announced its cooperation with Shouqi(首汽约车). They will cooperate in APP docking, service connectivity, user synergizing, brand marketing and technology R&D. If users upgrade to latest version of Mobike APP, they can…

On September 25th in 2017, China's leading second-hand car dealer Renren Car announced a new round of financing of $200 million to support its rapid expansion strategy. The strategic investor is the world's leading travel platform Didi Chuxing. The two sides will also have all-round in-depth cooperation around the auto-industry, jointly build a new trading…

In early August, a batch of brand new BMW 1-series sedans showed on the streets of Shenyang. These luxury vehicles, equipped with Wifi connection, facial recognition, smart voice assistant, are shared cars which cost users only 1.5RMB per kilometer. Though it turned out that BMW Brilliance Automobile or BMW China were not behind this, luxury…

After months of seesaw battle, the fate of Baidu Takeout may soon be decided, mostly likely to be taken over by ele.me. Currently, ele.me official responds that they have no comment on it, and Baidu has ambivalent attitude without responding clearly. According to what a core high-ranking figure told touchweb, Baidu Takeout ever negotiated with…

The mobile phone selling like hotcakes in Africa isn’t Samsung nor Apple, but Tecno, a Shenzhen-based telecommunications company in China. According to open statistics, the company holds more than 40% of market shares in the 6 major countries of North Africa. Tecno broke into the African market using two mobile innovations: Dual-SIMs and beauty selfie…

Didi Chuxing and Taxify, a mobile travel company active in the European and African markets, announced plans for strategic cooperation in investment, research and development today. Didi said it would support Taxify in expanding its market and developing technological innovations in diverse markets. Markus Villig founded Taxify in Estonia in 2013. In the last four…