Search results for “ride-hire”
Didi Kuaidi’s license a green light for full legalization of China’s chauffeur services
10/12/2015|3:43:00 PM|
The legalization of Didi-Kuaidi has sparked public discussion as to whether other car-hire platforms like Yongche, Uber and CAR Chauffeur can also get licensed.
Didi-Kuaidi seals partnership with Lyft in US$100 million deal
09/18/2015|8:58:17 AM|
Didi-Kuaidi has invested US$100 million in US ride-share company Lyft, and paves the way for a partnership enabling Lyft to access ride-share service to China.
Uber China boosts value to US8 billion as HNA Group joins its investor camp
10/10/2015|10:26:36 PM|
HNA Group has joined Uber China’s investors to help boost Uber China’s valuation to nearly US$8 billion, according to media reports.
Uber China to raise funding stake to US$2.5 billion in war with Didi Kuaidi
09/24/2015|10:49:24 AM|
Uber is seeking to raise its funding up to US$2.5 billion for its China operations. The funding scale is twice as much the total capital it has raised in China so far.
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.
CAR Inc open to venturing into “auto-related” business areas
05/28/2015|9:27:51 PM|
CAR Inc's latest quarterly results have been an extension of its solid 2014 performance with gross profit up by 97% y-o-y to RMB1,239 million last year.
Didi-Kuaidi president claims group is 5-6 times larger than Uber
04/28/2015|9:38:33 AM|
Didi-Kuaidi president Qing Liu said that Didi-Kuaidi’s total transaction turnover has significantly eclipsed Uber.
CAR Inc claims it will lead the chauffeur service segment within 6 months
04/01/2015|3:45:19 PM|
CEO Zhengyao Lu said: “We will invest at least RMB2.5 billion to attract new customers at the beginning and we have unlimited cash reserves to continue.”
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