Didi Chuxing
Finance
After WeWork fiasco, SoftBank's China strategy under the scanner
For SoftBank Group Corp, financial technology firm OneConnect's IPO should have been a vindication of an aggressive China investing strategy. Instead, ......
Finance
Most SoftBank Vision Fund investors want to join second fund, says CEO Son
Most investors in SoftBank Group Corp's $100 billion Vision Fund want to join the group's forthcoming second fund, founder and ......
Finance
Sequoia China to cut up to 20% of investment staff as tech growth slows
Sequoia Capital China, widely viewed as a bellwether for Chinese tech investment, is set to lay off as much as ......
TMT
Uber sets price range for IPO, targets $91.5 bn valuation
Ride-hailing company Uber Technologies Inc is aiming for a valuation of up to $91.5 billion in its initial public offering, ......
Finance
Value Lens: Will Uber and Lyft's public market reception be bad news for Ola?
Earlier this year, India’s top ride-hailing venture Ola scaled the valuation chart to become the second-most valued startup, behind Paytm ......
TMT
OYO raises money from Didi Chuxing to close $1 bn funding round
Budget hospitality chain OYO has raised $100 million (Rs 709.4 crore at current exchange rate) from Chinese ride-hailing firm Didi ......
TMT
Careem acqui-hires bus aggregator Commut; Shuttl to take over local ops
UAE-headquartered ride-hailing firm Careem has acqui-hired app-based Indian bus shuttle operator Commut as it readies to launch bus booking services ......
General
Didi Chuxing, WeWork may back OYO; General Atlantic, Temasek eye stake in Byju's
Budget hospitality chain OYO is looking to raise money from Chinese ride-hailing firm Didi Chuxing and shared workspace provider WeWork, ......
TMT
SoftBank, China's Didi to roll out ride-hailing venture in Japan
China’s Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing ......
TMT
Uber, Ola and others sign shared mobility principles for livable cities
Fifteen of the world’s leading tech-enabled transportation services companies, including Indian cab aggregator Ola and its US-based rival Uber, have ......
