Lyft's value is estimated at $7.5 billion. It plans to expand into the healthcare industry and corporate travel business, and looks for partnerships with hotels.
China’s ride-hailing application Didi Chuxing has agreed to acquire control of Brazil’s 99, the companies said in a statement on Wednesday, potentially creating a formidable rival to Uber.
China set to make a total of 732 billion yuan ($112.55 billion) in fix-assets investment in railway construction in 2018, according to a report by Security Daily, citing China Railway Corporation.
Chinese ride-hailing giant Didi Chuxing has agreed to acquire cash-strapped bike-sharing startup Blugogo to further expand its business footprint, sources close to the matter told Caixin.
By the end of 2017, total mileage of China's railways in operation reached 127,000 km. Among the total, high-speed railways rose to 25,000 km from 22,000 km at the end of 2016.
Visitors from 53 nations who stop in China while in transit to a third country will be able to stay for up to six days in the capital, Tianjin and Hebei province.
The article looks at how Harford got picked as Uber COO and the relationships and career meanderings that connected Dara, who took the reins at Uber in late August, and Harford over the years.
HelloBike announced that it has raised RMB 1 billion (USD 153 million) in its D2 round of financing, which is led by Fosun and backed by Ant Financial that also invested in the last round.
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