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
Uber merging China operations with Ola investor Didi Chuxing in a $35 billion dealUber will reportedly continue to operate its own app in China for now. Uber declined to comment on this to the publication.
01 Aug, 2016, 02.32 PM IST
With low-cost and luxury-ride categories, Ola gives fresh competition to UberAt least 75% of ‘Micro’ customers are first-time users of air-conditioned taxis, the spokesperson said. ‘Micro’ is cheaper than Ola’s previ...
16 Jun, 2016, 03.32 AM IST
Ola investor Didi Kuaidi close to raising $2 billion at $25 billion valuation: ReportDidi Kuaidi is an investor in India's largest taxi aggregator Ola and both of them have a common investor in form of SoftBank.
06 May, 2016, 05.36 PM IST
Uber, Alipay enter into global partnership; targets growth in China, IndiaInterestingly, Alipay's parent company Alibaba Group Holding owns a stake in Uber rival Didi Kuadi. Didi Kuadi is also an investor in Uber'...
03 May, 2016, 11.16 AM IST
Hey Didi in expansion mode, plans to have 5,000 women scooter drivers this yearThe start-up has already trained 200 women for last-mile ecommerce delivery. The other cities awaiting expansion are Pune, Bengaluru, Goa a...
03 May, 2016, 03.37 AM IST
China's sharing economy worth USD 298 billion: ReportFrom ride-hailing business to online auctioneers, sharing economy platforms in China have created a market worth USD 298 billion in 2015.
28 Feb, 2016, 02.59 PM IST
Ola, Didi Kuaidi, Lyft, GrabTaxi enter into a partnership to counter Uber’s reach“This will be a win for the diversity and vitality of the global ridesharing industry,” said Cheng Wei, CEO of Didi Kuaidi.
04 Dec, 2015, 06.04 AM IST
Ola completes $500 million fundraise as race with Uber gains tractionOla, which recently also ventured into grocery delivery and electronic payments, is now valued at $5 billion, a top executive of the compan...
19 Nov, 2015, 06.50 AM IST
Chinese car-hailing app Didi makes inroads into IndiaChina's leading ride-hailing app Didi Chuxing today made inroads into India by becoming part of a group of investors channeling $500 millio...
18 Nov, 2015, 10.17 PM IST
LinkedIn & China's Didi Kuaidi ink deal for bigger market shareThe agreement was signed yesterday during the 8th US-China Internet Industry Forum in Seattle.
24 Sep, 2015, 10.10 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
China launches state-owned app to compete with Didi, UberTwo taxi operators in the Chinese capital -- Shou Qi Group and Beijing Xianglong Taxi Co Ltd -- jointly launched a mobile app today to let ...
17 Sep, 2015, 07.36 PM IST
Uber's top Chinese rival Xiaoju Kuaizhi raising $1.5 billionThe funding is coming from new and old investors, with the valuation doubling since the competing Didi and Kuaidi apps combined in February.
16 Jun, 2015, 10.52 AM IST
Chinese 'Uber' service Didi Taxi gets $700 million investmentDidi Taxi, China's popular cab-hailing app similar to Uber, has attracted an investment worth more than USD 700 million, it was announced t...
09 Dec, 2014, 09.38 PM IST