The stock market debut vindicated Didi's decision to moderate its valuation expectations, after investors raised concerns over the pace and...

SoftBank-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 ...

The biggest Chinese listing in the United States so far this year was Full Truck Alliance, often referred to as "Uber for trucks", which ra...

Even after raising and investing billions of dollars, Uber had failed to go beyond its 30-35% share in the Chinese market. The percentage i...

The 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...

Didi's investment in Bangalore-headquartered Ola comes close on the heels of it picking up stakes in San Francisco-based Lyft and Malaysia'...

WeChat has become an important promotional tool for companies trying to reach affluent Chinese.

Fan Bao has managed merger of two Chinese taxi apps into a $6-billion behemoth, which now wants to grow globally.

SoftBank Founder and CEO Masayoshi Son said on Monday that Nikesh Arora is the executive most likely to succeed him.

The $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...

India’s largest taxi aggregator Ola has bought smaller rival TaxiForSure for Rs 1,237 crore ($200 million) in a cash-and-stock deal.

The latest round of fund-raise for Ola, puts it right up in the league of the most valuable internet firms domestically.