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DIDI CHUXING FUNDING
SoftBank, biggest investor in Didi, sinks after China blocks appThe investigations have dealt another blow to the shares of Masayoshi Son's tech and investing conglomerate- Uber lost China, but gained handsomely in Didi Global IPOShares of Didi Global rose 1% after the blockbuster IPO, ascribing the Chinese ride-hailing firm a market cap of about $68 billion. That ma...
- ED issues notice to crypto exchangeFrom ED issuing a notice to crypto exchange WazirX to Karnataka HC dismissing the petition of etailers and Didi Chuxing filing for US IPO, ...
- Volvo to provide cars for Didi Chuxing's self-driving test fleetVolvo will provide XC90 SUVs equipped with backup steering and braking systems that DiDi Autonomous Driving will integrate with Didi Gemini...
- Didi Chuxing close to raising $1.5 billion for trucking unitA $1.5 billion funding round will push Didi Chuxing beyond its fundraising target for Didi Freight, even as investors count on Chinese econ...
- Airbnb checks into Oyo with $75 m in towThe investment brings to an end Oyo’s nearly $1.1-billion Series-E funding round that saw participation from SoftBank Vision Fund, Didi Chu...
- Oyo gets $100 million from China’s ride-hailing giant Didi ChuxingThis investment brings to a close Oyo’s $1 billion financing round, valuing it at $5 billion.
- China's Didi launches credit, crowdfunding services in diversification pushThe new products were tested in 10 cities and have now been introduced nationwide, the firm said on Wednesday.
- China’s Didi Chuxing may back OyoSome investors like Didi and shared office startup WeWork have opted to only back the company’s Chinese subsidiary.
- Hail Masayoshi Son: An investor behind 4 of the world's 11 largest startupsIf both stocks were publicly traded, one could imagine Uber plummeting, and Lyft rising. Most people saw those comments for what they were:...
- Flipkart world's 3rd most funded private companyThe homegrown e-commerce company has to date raised almost $7 billion in capital, higher than that raised by global behemoths like Airbnb a...
- Tencent in talks to invest $400 million in OlaThe Bengaluru company has raised nearly $400 mn since November last year as it seeks to fortify its position as the first mover in the Indi...
- With record funding & partnerships in countries like India, Didi is now gunning for UberDidi's record funding round is said to value the company at more than $50 billion and gives it a war chest to ramp up efforts to harness ar...
- Uber's Kalanick should fear this 59-year-old billionaireChen foreshadowed the fundraising a month ago when she wrote that SoftBank would lead the deal, which at the time was being considered by C...
- In latest blow to Uber, Didi said to back Southeast Asia startupThe fund raising round shows that the truce between Didi and Uber in China this week is far from a global accord.
- Uber said to plan boosting India, Southeast Asia resourcesUber's shift is a sign it will not let up in its battle for customers elsewhere in Asia even after reaching a peace deal for China.
- After merger with Didi Chuxing, India to become Uber's main battlegroundWhile the deal underlines that China remains a tough market for US-based companies to win in, it could leave Uber freer to devote more reso...
- 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...
- Uber's bid for peace with Didi has global ramifications: GadflyA truce between the two companies makes sense for as it could allow both sides to stop burning cash and start turning a profit.
- 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...
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