Everything about China's Innovation

View Subscription Plans

ride-hailing platform

SAIC Mobility Valued at $1B After Round-B Financing

SAIC Mobility, a strategic brand of mobile travel under Chinese automotive giant SAIC, announced on August 15 that it has completed round-B financing totaling over 1 billion yuan ($14.7 million), with investment by SAIC, Momenta and other institutions.

Autonomous Driving Startup Pony.ai Partners With Ride-Hailing Platform Caocao

Pony.ai, an autonomous driving company, announced on August 2 that it has reached a cooperation agreement with Chinese online ride-hailing platform Caocao Mobility, whereby the two sides will jointly promote the large-scale application of urban robotaxi services.

Didi’s Car-Sharing Arm Reportedly Goes Bankrupt

On the evening of July 25, a screenshot related to Didi's ongoing bankruptcy audit was leaked by an accounting firm employee. On Chinese social media platform Weibo, a user suspected of being a Didi employee confirmed that the firm's car-sharing business is going into liquidation.

China Strengthens Data Supervision of Car-hailing Platforms

China's Ministry of Transport issued a document on July 22 requiring the transportation authorities of all cities to collect license information of car-hailing companies and their vehicles and drivers for real-time sharing.

Tencent Tests Car-Hailing Function in WeChat

Tencent recently tested its new car-hailing function under the WeChat mini-program named "Travel Service".

Chinese Regulators Announce $1.19B Fine on Didi

The Cyberspace Administration of China (CAC) on July 21 issued a series of punishments for Chinese ride-hailing platform Didi, following a digital security review.

XPeng Motors Reaches Deal with eHi Car Services

Chinese EV automaker XPeng Motors announced on July 19 that it has reached a strategic cooperative relationship with China's leading car rental services provider, eHi Car Services.

Didi Pay Fined 4.27M Yuan by People’s Bank of China

Information released on July 15 by the Business Administration Department of the People's Bank of China (Beijing) showed that Didi Pay has been formally warned for 12 kinds of illegal acts and fined 4.27 million yuan ($632,349).

Brazilian Ride-Hailing App 99 to Cooperate With BYD in EV Testing

Brazilian ride-hailing app 99 said it has signed an agreement with Chinese automaker BYD to start testing an electric car developed for its drivers.

Didi’s “Honghu” Project Revealed, Attracts 90 Online Ride-Hailing Firms

Chinese ride-hailing platform Didi's internal project "Honghu" has now developed at least 50 driver-side apps and has connected to nearly 90 online ride-hailing companies.

China’s FAW Denies Takeover of Didi

China FAW Group is reportedly considering acquiring a significant amount of shares in ride-hailing giant Didi. FAW has responded to domestic media, stating: "It's not true."

Chinese Ride-Hailing Platform T3 Travel Receives Driver Complaints

Nearly 100 drivers for T3 Travel, a Chinese ride-hailing platform, have reportedly gathered at the company's office in Nanchang, Jiangxi Province, asking the firm to return their vehicles.

Ride-hailing Didi to Be Delisted from NYSE

Chinese ride-hailing giant Didi announced on Monday that it will delist from the New York Stock Exchange. Didi plans to file Form 25 with the US Securities and Exchange Commission on or after June 2.

Ride-hailing Giant Didi to Explore Driverless Trucks

In addition to Robotaxi, autonomous driving trucks have now been added to ride-hailing giant Didi's business roadmap.

GAC’s Ride-Hailing Platform ONTIME Bags Over $152M in A-Round Financing

ONTIME, also known as Ruqi Mobility, announced its completion of an A round of financing totaling over 1 billion yuan, led by GAC Group and followed up by Pony.ai, WeRide, SPARX, Pilgrim Partners Asia and other investment institutions.

Online Car-hailing Platform T3 Go Targets Increase in Market Share

As T3 Go, an online car-hailing platform in China, celebrated its third anniversary, CEO Cui Dayong released a letter on Friday announcing the company's goals for the next three years.

Didi to Vote on Delisting of U.S. Stocks on May 23

Didi Global, a leading ride-hailing platform in China, announced on April 16 that it will hold a special shareholders meeting at 19:00 on May 23 to vote on a voluntary delisting from the New York Stock Exchange (NYSE).

Didi Ceases South Africa Operations, Conducts Layoffs

Rumors of 20% staff layoffs at Chinese ride-hailing giant Didi Chuxing have been gradually verified, and the cuts will also impact the firm's international business unit.

Geely-Backed Caocao Mobility Reaches Strategic Cooperation With Ruilan Auto

Caocao Mobility, which has received key investment from Chinese automaker Geely, reached a strategic cooperation with Ruilan Auto. In addition, Caocao Mobility’s total number of users has now exceeded 120 million.

Affected By Pandemic, Ride-Hailing Orders in China Fell 29% YoY in March

China's Ministry of Transport on Tuesday released operation data for the domestic online ride-hailing industry in March. The state platform witnessed 539 million orders in March.

We also support Hindi language, do you want change to it?

हम यह भी हिन्दी भाषा का समर्थन है, आप इसे करने के लिए परिवर्तन करना चाहते हैं?

Yes(ह)

We also support Punjabi language, do you want change to it?

ਸਾਨੂੰ ਇਹ ਵੀ ਪੰਜਾਬੀ ਭਾਸ਼ਾ ਨੂੰ ਸਹਿਯੋਗ ਹੈ, ਤੁਹਾਨੂੰ ਇਸ ਨੂੰ ਕਰਨ ਲਈ ਤਬਦੀਲੀ ਚਾਹੁੰਦੇ ਹੋ?

Yes(ਜ)

We also support Bengali language, do you want change to it?

আমরা বাংলা ভাষা সমর্থন, আপনি এটি পরিবর্তন করতে চান?

Yes(হ)

We also support Burmese language, do you want change to it?

ငါတို့သည်လည်း, မြန်မာဘာသာစကားကိုထောကျပံ့သငျသညျကအပြောင်းအလဲလိုသလဲ

Yes(ဟုတ်ကဲ့)

We also support Nepali language, do you want change to it?

हामी पनि नेपाली भाषा समर्थन, तपाईं यसलाई परिवर्तन गर्न चाहनुहुन्छ?

Yes(ह)

We also support Tagalog language, do you want change to it?

Sinusuportahan din namin ang Tagalog wika, ang gusto mong pagbabago dito?

Yes(oo)

We also support Malay language, do you want change to it?

Kami juga menyokong bahasa Melayu, adakah anda mahu perubahan kepadanya?

Yes(yes)

We also support Indonesian language, do you want change to it?

Kami juga mendukung bahasa Indonesia, apakah Anda ingin perubahan untuk itu?

Yes(Iya)

We also support Thai language, do you want change to it?

นอกจากนี้เรายังสนับสนุนภาษาไทย, คุณต้องการที่เปลี่ยนแปลงไปได้หรือไม่

Yes(ใช่)