didi Archives - Page 8 of 9

Flight Attendant Killed after Hitching a Ride on DiDi-Chuxing

On the evening of May 5th, a 21-year-old flight attendant named Li Mingzhu from Lucky Air, a Chinese low-cost carrier, was killed after she booked a ride via DiDi-Chuxing as she left the airport for a train station in Zhengzhou on Saturday night. The feature she used on DiDi is called “hitch”, an exclusively Chinese […]

Didi to Form JVs with Volkswagen and Other Car Makers as Part of D-Alliance

On the evening of April 30, in response to the rumor of a new joint venture with Volkswagen, Didi Chuxing confirmed that it is in discussions with Volkswagen, Beijing Automotive Industry Holding Co. (BAIC Group), First Auto Works Group Corporation (FAW Group), Guangzhou Automobile Industry Group (GAC Group) and other automobile companies.

Didi Chuxing Plans to IPO Earlier than Uber at a Valuation No Less than $80 Billion

If Didi Chuxing Technology Co., the Uber of China, succeeds in the initial public offering in 2018, it will bypass Uber to become the world’s first publicly listed ride-hailing company.

Food Delivery Is About to Get Even Cheaper in Nine Cities as Didi Competes for Market Share

Didi Waimai, the taxi-hauling app Didi’s new food delivery platform, shared 9 posters on their official Weibo account on April 13th, claiming that a nationwide launch in site, also verifying earlier rumors of their entrance into nine cities.

Meituan and Didi starts to compete on food delivery and ride-hailing

Chinese consumers commonly order takeout with Meituan and hail rides with Didi. Yet, the two seemingly unrelated apps will start to compete with each other. Meituan will unveil ridesharing service on March 21 in Shanghai, while Didi will finalize preparations for the launch of its takeout business.

Chinese Unicorns: Internet Companies Take a Dominant Position.

On March 8, Foxconn received A-share after a record speed of 36 days of proceedings. As regulators continue to send favorable signals for domestic listing and trading, more unicorn companies are likely to enter A-share.

7.58 Million Didi Passengers in First 10 Days of Spring Festival

On February 12, Didi released data from the first 10 days of this year’s Spring Festival (February 1 to February 10). According to the data, 7.58 million people returned home via the ridesharing service.

More Than Half the 124 Unicorns of 2017 are BAT Investments

After a chilling 2016, the capital markets became more rational in 2017. The overall trend remains unclear, but investors seem willing to back projects that show clear rewards. This has led to broad heavy investment, creating more unicorns than previous years.

DiDi and SoftBank Establish Partnership in Japan to Provide Platform Services for Taxi Industry

Didi Chuxing, the China’s leading mobile transportation platform, and SoftBank Corp. (“SoftBank”) today announced the establishment of a partnership to provide platform services for the taxi industry.

Didi Sets Up AI Labs to Upgrade Smart Transportation

In the age of artificial intelligence, a new war in ride-hailing services is beginning.

DiDi Launches Comprehensive Bike-Sharing Platform

Didi Chuxing today officially launched its comprehensive bike-sharing platform within its app, which now integrates the services of bluegogo and ofo. Beijing and Shenzhen will be the first two cities where users can find the “Bike-Sharing” tab on the DiDi app and use bluegogo’s bike through the app with no deposit required.

DiDi to Launch Comprehensive Bike-sharing Platform; Cooperates with bluegogo

Didi Chuxing announced today that it will soon launch a comprehensive bike-sharing platform within its APP, which will integrate ofo, bluegogo, and other potential bike-sharing partners, as well as DiDi’s upcoming own-branded bike-sharing service. DiDi will also introduce deposit-free arrangements to support a better user experience.

7.43B Didi Bookings in 2017, Same as Everyone in China Riding 5X

Didi released its 2017 data on the afternoon of January 8. In 2017, Didi provided more than 7.43 billion trips to 450 million users in more than 400 Chinese cities, excluding trips for bikes and driver services. That is roughly equal to everyone in China using Didi five times in the past year.

Didi Purchases 99, Brazil’s Largest Car Sharing Company

Didi announced it purchased 99, Brazil’s largest ride-sharing company.

Didi Rumored to Purchase Bluegogo, Create Shared Bike Brand

36 Kr reported that Didi will complete the acquisition of Bluegogo in the near future, and that it has already signed the purchase agreement. In addition, Didi, which invested Ofo, is trying to create its own shared bicycle system.

Meituan to Launch Car-Hailing Service in Multiple Cities

After operating a car-hailing service in Nanjing for 10 months, Meituan expanded its service to include Beijing, Shanghai, Chengdu, Hangzhou, Wenzhou, Fuzhou and Xiamen on December 28.

Meituan Arranged Car-Hailing Service and Didi will Try Takeout Delivery Business

Two Chinese online life service giants have stepped into the car-hailing business. Ctrip, a leading provider of travel services, launched car rental business together with Didi, Shouqi Group and AA Car Rent. At the same time, Meituan.com, a Chinese group buying website, launched a taxi service in seven cities.

2017’s Top 10 Unicorn Round-up: 5 from China, 5 from US

2017 has seen the rise and fall of numerous new technologies and business models, stunning and mediocre products, and the rise and collapse of tech giants. At the end of the year, Tencent launched into the Top 10 companies in technology industry.

Didi Raised Another $4B, Valuation Exceeds Uber

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 […]

The Anti-Didi Alliance

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.

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