Search results for “ride-sharing”
Smart riding brand SpeedX raises RMB 150 million
11/18/2016|3:58:44 PM|
Beijing-based smart cycling brand SpeedX announced its entry into bike-sharing sector, and an independent brand Bluegogo would be created to help the company expand the market. Meanwhile, SpeedX revealed it has raised RMB 150 million in its series B round.
Local car-hailing rules may wipe two-thirds of Didi’s value
10/14/2016|9:31:19 AM|
Didi’s market value, currently estimated at USD 35 billion, may decline by two-thirds if the draft laws are implemented, an industry investor told Securities Daily.
Bike-sharing startup ofo secures B+ round backed by Didi Chuxing
09/28/2016|1:28:35 PM|
Bike rental platform ofo raised tens of millions of US dollars from Chinese car-hailing giant Didi Chuxing. The companies plan comprehensive cooperation.
Auto dealer, cab companies enter car-hailing sector in China
10/14/2016|2:34:31 PM|
Auto dealer’s car-hailing platform Dingding raised RMB 5 billion in a strategic tie-up with Everbright Bank’s financial leasing unit to enter the chauffeur market in China.
China’s transport regulator to issue car-hailing regulations
09/30/2016|11:48:34 AM|
New rules on car-hailing will be released soon, the ministry will introduce supplementary regulations on the entire ride-sharing, vehicle registration and driver background.
UCAR posts order growth, narrows net loss in H1 2016
08/24/2016|10:54:50 AM|
UCAR’s revenues rose 624% to RMB 2.32 billion in the first six months of 2016. Car-hailing orders climbed 283% to 55.34 million during the time.
Ride-hailing platforms including Didi and Uber raise prices, no more money burning
07/28/2016|11:33:16 AM|
Ride-hailing platforms including Didi, Uber, UCAR and Yidao have cut subsidies and raised prices in several cities since last month.
New Third Board-listed UCAR eyes bigger presence in China’s auto industry
07/25/2016|9:25:57 AM|
While investors of Didi and Uber are pushing for potential deals, UCAR has landed on New Third Board and is looking to carve a bigger slice of China's auto market.
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