MEXICO CITY/SAN FRANCISCO: Didi Chuxing, China’s ride-hailing behemoth, plans to expand into Mexico next year, intensifying its global rivalry with Uber, according to two sources familiar with the plans. Didi has spoken before of global…
SAN FRANCISCO: Apple has revealed it is investing heavily in autonomous vehicles in a letter asking the government to make it easier to develop self-driving cars. The company is "excited about the potential of automated systems in many…
HONG KONG: China's tech industry giants are sloughing hundreds of millions of dollars into what they're betting will be the country's next big internet craze - 'Uber for bikes'. A symbol of China's cities long before a boom in cars,…
MACAU: Global ride-hailing company Uber Technologies has aborted plans to pull out of Macau, citing support from residents in the Chinese-ruled gambling hub.
BEIJING, CHINA: Chinese ride-sharing giant Didi Chuxing will take over the China operations of its US rival Uber, it said Monday, ending a ferocious battle for market share that cost both firms billions.
BEIJING: Chinese ride-hailing app Didi Chuxing, a bitter rival of US-based Uber, has raised $7.3 billion in one of the world's largest private equity financing rounds, the company said in a statement Thursday.