Chinese ride-hailing giant Didi Chuxing is in talks to buy a majority stake in Brazilian ride hailing app 99, according to a person familiar with the talks. The deal threaten Uber if completed.
Didi Chuxing has valuation of more than $50 billion, making it one of Asia’s largest startups.
Chinese bike-sharing company Mobike announced Wednesday it has inked a strategic partnership with LINE, Japan's most popular mobile messaging platform.
Didi Chuxing, China’s largest ride-hailing company, is speeding into the payments business, acquiring a much-coveted license to join the red-hot internet financial-services arena.
As of 2016, the number of RV camps in the country reached 500.
Didi Chuxing, the ride-hailing giant that vanquished Uber Technologies Inc. in China, is turning to franchising in Taiwan as it expands its business beyond the mainland.
When credits reached 10,000 for the first time, passengers can use them to redeem train tickets.
Beijing-based UCAR Inc is setting up a comprehensive car service platform as part of a strategic upgrade, hoping to better compete with other market leaders such as Didi Chuxing.
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