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DIDI KUAIDI MERGER
China's top tech banker, Bao Fan of China Renaissance, goes missingBao is a well-known dealmaker in China who has carved out a career working on high-profile tech transactions. He started China Renaissance ...
17 Feb, 2023, 10.00 AM IST
Didi cofounder Liu told associates she plans to leave: ReportLiu, a former Goldman Sachs Group Inc banker, told a couple of executives close to her in recent weeks - including those who had followed h...
20 Sep, 2021, 10.56 PM IST
Didi lines up 2021 IPO in Hong Kong, targets more than $60 billion valuation, sources sayDidi, backed by technology investment giants SoftBank , Alibaba and Tencent, has started initial talks with investment banks for the long-a...
20 Oct, 2020, 08.49 PM IST
Can become Indian if it helps: Uber CEOUber operates across 73 countries. India has became the largest market outside the United States for Uber and accounts for 12 per cent of a...
16 Dec, 2016, 12.18 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
China plans stricter regulation of Uber-like servicesThe Ministry of Transport unveiled proposed regulations which bar private cars from participating in such services, the rules posted on its...
12 Oct, 2015, 01.34 PM IST
Why biggest China internet deal between Dianping and Meituan didn’t need two sets of bankersBoutique investment bank China Renaissance Partners advised both discount site Meituan.com and restaurant-review service Dianping.com on th...
08 Oct, 2015, 05.38 PM IST
Besties? Why Alibaba, Tencent are teaming up in $15 billion dealJack, founder of Alibaba Group Holding Ltd., and Pony, founder of Tencent Holdings Ltd., are joining forces for the second time this year.
08 Oct, 2015, 11.07 AM IST
China’s Meituan said to agree to $15 billion Dianping mergerTwo Chinese startups separately backed by Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have agreed to a merger that will create a $...
07 Oct, 2015, 11.09 AM 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
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 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