BMW, Daimler unveil joint ride-hailing, parking and electric charging business
• 6 years agoDaimler’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
• 6 years agoThe products bring Didi into competition with investor Alibaba Group Holding Ltd.
US trade war and tightening regulation is stifling China's tech industry growth
• 6 years agoUntil 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
• 7 years agoChina'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
• 7 years agoDidi 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
• 7 years agoDidi 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
• 7 years agoChinese 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
• 7 years agoDidi 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
• 7 years agoAs 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 • 7 years agoWith 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.