The new Aero Train, with its albatross-inspired design, has the capacity to beat the top speed of the Shanghai Maglev, currently the world’s fastest train.
The discussions are in early stages, and DiDi hasn't decided on a listing venue.
The new round in Hellobike strengthens Alibaba’s position competing for more market share in this fast-evolving sector.
Tencent’s rival Alibaba Group Holding has also shown interest in the deal, according to local media.
With a 14% equity interest and 19.6% voting power in eHi, Ctrip is again teaming up with Ocean Link, this time for the privatization of the car rental firm.
A survey by local authority found that 11% of Chinese visitors to Japan rented cars.
Teamsport Parent will acquire eHi in a deal that values eHi at USD 937.5 million. Ctrip held a 14% equity interest in eHi as of 2016 with aggregated investment cost of USD 107 million.
Ctrip has recently obtained an online car-hailing operating license, giving its independent car-booking services the right to offer service nationwide after three years of preparation.
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