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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...
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 ...
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...
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...
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...
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'...
Uber’s quest to win over China faces WeChat hurdleWeChat has become an important promotional tool for companies trying to reach affluent Chinese.
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.
Nikesh Arora a strong candidate to lead SoftBank, says CEO Masayoshi SonSoftBank Founder and CEO Masayoshi Son said on Monday that Nikesh Arora is the executive most likely to succeed him.
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...
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.
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.