Didi Chuxing
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BMW, Daimler unveil joint ride-hailing, parking and electric charging business
•Daimler’s Car2Go car-sharing brand will be combined with BMW’s DriveNow, ParkNow and ChargeNow businesses.
Didi Chuxing launches crowdfunding, lending services to diversify business
•The products bring Didi into competition with investor Alibaba Group Holding Ltd.
US trade war and tightening regulation is stifling China's tech industry growth
•Until last year, China’s tech industry enjoyed years of breakneck growth but is now feeling the pinch.
China censures ride-hailing giant Didi Chuxing after rape and murder of passenger in Wenzhou city
•China's transport ministry on Sunday slammed Didi Chuxing's safety lapses as the ride-hailing giant said it would suspend its Hitch service after the rape and murder of a passenger, the second such killing this year.
Chinese police say Didi bears "unshirkable responsibility" for passenger's death
•Didi Chuxing said it would suspend its Hitch carpooling service from 27 August.
Chinese ride-hailing firm Didi Chuxing suspends carpooling service after two drivers accused of rape and murder
•Didi will suspend its hitch online services nationwide and re-evaluate its business model and service logic, a statement said.
Trump's threat to block Chinese investment could hit US innovation in tech
•Chinese companies in the past five years have funded at least 80 US transportation startups.
China's Didi Chuxing will begin its services in Australia against its US rival, Uber
•Didi started expanding outside Asia in Mexico earlier this year and has said globalisation is a core strategy.
BMW and Daimler announce partnership to expand new services such as car-sharing and electric vehicle charging
•As per their deal, which includes ride-hailing, parking and charging services, Daimler and BMW will each hold a 50 percent stake in a joint venture.
Uber sells SE Asian operations to Grab: Firm may focus on open markets like India where operations are easier, say experts
Sulekha_nair •With an IPO scheduled for 2019, Uber CEO Dara Khosrowshahi will focus on consolidating the firm's prospects in markets where it has a strong presence.