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...
19 Apr, 2021, 08.45 AM IST
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...
26 Jan, 2021, 08.36 PM IST
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...
12 Apr, 2019, 11.02 AM IST
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.
14 Feb, 2019, 08.24 AM IST
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.
02 Jan, 2019, 09.37 AM IST
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.
03 Sep, 2018, 09.39 AM IST
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:...
15 Nov, 2017, 11.27 AM IST
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...
12 Aug, 2017, 04.14 PM IST
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...
27 Jul, 2017, 09.04 PM IST
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...
29 Apr, 2017, 11.43 AM IST
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...
27 Apr, 2017, 10.56 AM IST
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.
04 Aug, 2016, 09.51 AM IST
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.
03 Aug, 2016, 10.38 AM IST
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...
02 Aug, 2016, 07.16 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
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.
22 Jul, 2016, 09.39 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