Search results for “Didi”
Bike-sharing startup ofo secures $130m C round
10/10/2016|6:16:32 PM|
Bicycle-sharing company ofo raised USD 130 million in its C round, while its major competitor Mobike also closed a $100m round backed by Sequoia Capital and Hillhouse Capital.
Shanghai Transport Authority slaps RMB100,000 fines on Uber and Yongche
09/28/2015|10:47:05 AM|
Shanghai Transportation Commission has issued Uber and Yongchewith a RMB100,000 fine each last week which neither car-hire apps have paid yet.
Didi Taxi, Yongche targets of Beijing crackdown on “illegal taxis”
01/08/2015|9:58:34 AM|
Beijing cracked down on illegal taxis operating in Beijing Airport on January 6 to tackle the proliferation of “clone taxis”.
Uber launches UberPool carpool service in China as “Peoples’ Uber +”
08/27/2015|6:09:20 PM|
Uber has begun a trial run of new carpooling function “Peoples’ Uber +”, in the Shanghai. The function is said to able to help users save up to 30% on fares.
Uber gets 1 billion dollar investment from Baidu and other investors
08/28/2015|6:06:57 PM|
Uber China has recently received a venture capital of one billion US dollars from investors, among them China’s largest search engine Baidu and China CITIC Bank.
XiaoMing Bike secures a millions-of-yuan angel round
09/29/2016|3:48:40 PM|
Following bike rental ofo’s millions-of-dollar round backed by Didi Chuxing and recent financing of Mobike and YouBai, peer XiaoMing Bike also raised millions of yuan in an angel round.
Power hungry Chinese car-hire apps turn a blind eye to driver scams
07/09/2015|10:08:44 AM|
As more drivers join a car hire platform, the platform will slowly gain leverage to shut down accounts of scamming drivers, thus reducing scamming.
Bus makers Sunlong and Golden Dragon invest in charter bus platform - Busge
07/06/2015|4:03:33 PM|
Chinese charter bus platform Busge has sealed a strategic partnership with major bus manufacturers Sunlong Bus and Golden Dragon Bus for capital and vehicles.
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