
Ride-hailing Platform T3 Travel About to Complete Financing Round Worth 5 Billion Yuan
T3 Travel is about to complete its latest round of financing, including equity financing of more than 5 billion yuan ($755 million).
Showing 12 of 112 posts with this tag
T3 Travel is about to complete its latest round of financing, including equity financing of more than 5 billion yuan ($755 million).
Didi Global affirmed in a Weibo post that the company is actively and fully cooperating with regulators' ongoing cybersecurity probe, and that rumors concerning changes to the company's management are not true.
On Wednesday, five Chinese regulators have summoned and interviewed 11 ride-hailing firms, including Didi Chuxing and Shouqi, asking them to rectify illegal operation problems and actions that disrupt the market order.
Meituan added 10 cities to its ride-hailing pilot project. The "aggregation mode" allows users to call a taxi on different platforms with one click. New cities include Qingdao, Wuxi, Taiyuan, Dongguan, Foshan, Fuzhou, Xiamen, Beijing, Dalian and Harbin.
On Tuesday, Chinese ride-hailing giant Didi Chuxing launched their service in the Central American nation of Costa Rica.
Ride-hailing platforms Didi Chuxing and its standalone platform Huaxiaozhu were fined a total of about 1.4 million yuan for insufficiently implementing Covid-19 prevention measures and inadequately supervising their drivers’ behavior.
Didi began its Robotaxi service with on-board drivers and safety control center in case of emergency in designated areas in Shanghai.
On Sept. 27, 2018, DiDi Mobility Japan (DiDi Japan), a joint venture established by Didi Chuxing and Softbank Corp., kicks off its operation in Japan as its tax...
Wanshun Car-Hailing, a Shenzhen-based ride-hailing service platform, has recently reached a cooperation agreement with an overseas special-purpose acquisition company (SPAC), planning to be listed in the US this year.
Reports have surfaced in Chinese media lately alleging that Meituan has initiated a round of layoffs covering its online ride-hailing department, its grocery e-commerce platform Youxuan, and its hotel and travel division.
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.
Recently, Kevin Knight, the former chief scientist of the natural language processing (NLP) team of DiDi Labs in Los Angeles, announced on his LinkedIn page that he would leave the lab.