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UBER DIDI
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- Didi lines up 2021 IPO in Hong Kong, targets more than $60 billion valuation, sources sayDidi, backed by technology investment giants SoftBank , Alibaba and Tencent, has started initial talks with investment banks for the long-a...20 Oct, 2020, 08.49 PM IST
- Dear Uber, Didi is coming for you with record fundingDidi has powerful supporters of its vision, including SoftBank Group Corp., whose founder Masayoshi Son is famous for making big bets.01 May, 2017, 01.32 AM 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
- Didi Chuxing may become most valuable startup in China post $5 billion dealDidi counts more than a whopping 100 investors as backers - including Tencent, Alibaba, Tiger Global and China’s sovereign wealth fund Chin...27 Apr, 2017, 09.36 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
- Didi's takeover of Uber sparks monopoly,fare concerns in ChinaThe on-demand mobility (ODM) firm Didi yesterday announced it was taking over Uber China, in a deal that could see the combined Chinese fir...02 Aug, 2016, 04.29 PM 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 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
- China legalises ridesharing apps to ply on roadsThe new regulations govern their operations and define the scope of competition, outlawing the ploy of charging less than the cost of a tri...29 Jul, 2016, 06.36 AM 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
- Uber investors said to push for Didi truceUber and Didi are bleeding cash in China as they fight for dominance in the world’s most populous country.Uber has said that it is spending...22 Jul, 2016, 01.52 AM 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
- 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
- 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
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