China's Didi worth $68 billion after US debutThe stock market debut vindicated Didi's decision to moderate its valuation expectations, after investors raised concerns over the pace and...
01 Jul, 2021, 08.44 AM IST
Didi Global valued at $80 billion in mega US IPO as shares soarSoftBank-backed Didi Global's stock opened at $16.65, compared with the IPO price of $14 per share. Its listing in New York is the biggest ...
30 Jun, 2021, 11.16 PM IST
China's Didi valued at $80 billion in mega US IPO as shares soarThe biggest Chinese listing in the United States so far this year was Full Truck Alliance, often referred to as "Uber for trucks", which ra...
30 Jun, 2021, 11.08 PM IST
China miffed at ET article that flagged its protectionist policiesChina's arm-twisting of Western tech firms is common knowledge. The country did little to control the narrative about its authoritarian reg...
10 Jan, 2018, 12.25 PM IST
China’s digital protectionism, US retreat beckons India to unleash Globalisation 4.0What we need is an Indian tech ecosystem that doesn’t only create and extract data, but also transforms it into higher-level products with ...
06 Jan, 2018, 06.24 AM IST
8 reasons that made Uber yield in ChinaEven after raising and investing billions of dollars, Uber had failed to go beyond its 30-35% share in the Chinese market. The percentage i...
01 Aug, 2016, 04.37 PM IST
Merging Flipkart, Snapdeal the best way to beat AmazonThe two e-comm firms are burning through cash & it doesn't look like flames of competition are going to die down while they're being fanned...
14 Jul, 2016, 02.27 PM IST
Uber's China rival Didi Kuaidi may join Ola fundraisingDidi's investment in Bangalore-headquartered Ola comes close on the heels of it picking up stakes in San Francisco-based Lyft and Malaysia'...
19 Sep, 2015, 12.07 PM IST
Uber’s quest to win over China faces WeChat hurdleWeChat has become an important promotional tool for companies trying to reach affluent Chinese.
26 Aug, 2015, 04.47 AM IST
Tiger protege Coatue hunts for investments, eyes Ola and other Indian startups with potential of billion-dollar valuationThe deluge of capital has driven up valuations and given the local emerging ecosystem a tremendous boost, but also triggered concerns of a ...
02 Jun, 2015, 04.49 PM IST
Chinese investment banker Fan Bao searches for next Jack MaFan Bao has managed merger of two Chinese taxi apps into a $6-billion behemoth, which now wants to grow globally.
13 May, 2015, 12.28 PM IST
Ola becomes third-most valuable venture-backed company after raising Rs 2,500 croreThe $2.4 billion taxi aggregator will utilise funds to expand to 200 cities by year-end, ramp up its technology base and grow TaxiForSure b...
17 Apr, 2015, 01.15 AM IST
Ola ropes in DST Global and Falcon Edge Capital to participate in a new round of funding of Rs 2,500 croreThe deal values the Bengaluru-based Ola at about Rs 15,000 crore, or $2.5 billion, according to multiple sources familiar with the developm...
10 Apr, 2015, 01.47 AM IST
Ola buys TaxiForSure for Rs 1,237 crore in a cash-and-stock dealIndia’s largest taxi aggregator Ola has bought smaller rival TaxiForSure for Rs 1,237 crore ($200 million) in a cash-and-stock deal.
03 Mar, 2015, 05.11 AM IST
Isha Ambani, Radhika Piramal among Forbes' 12 'power businesswomen' from AsiaThe 23-year-old Ambani, daughter of Reliance Industries Chairman Mukesh Ambani, is a Director at Reliance Jio Infocomm and Reliance Retail ...
26 Feb, 2015, 12.47 PM IST
DST Global may invest up to $500 million in Ola at $2.5 billion valuationThe latest round of fund-raise for Ola, puts it right up in the league of the most valuable internet firms domestically.
26 Feb, 2015, 11.23 AM IST