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Didi Chuxing

After WeWork fiasco, SoftBank's China strategy under the scanner

Finance

16 December, 2019

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, ......

Most SoftBank Vision Fund investors want to join second fund, says CEO Son

Finance

19 June, 2019

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 ......

Sequoia China to cut up to 20% of investment staff as tech growth slows

Finance

07 May, 2019

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 ......

Uber sets price range for IPO, targets $91.5 bn valuation

TMT

26 April, 2019

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, ......

Premium
Value Lens: Will Uber and Lyft's public market reception be bad news for Ola?

Finance

12 April, 2019

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 ......

OYO raises money from Didi Chuxing to close $1 bn funding round

TMT

14 February, 2019

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 ......

Careem acqui-hires bus aggregator Commut; Shuttl to take over local ops

TMT

24 September, 2018

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 ......

Didi Chuxing, WeWork may back OYO; General Atlantic, Temasek eye stake in Byju's

General

03 September, 2018

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, ......

SoftBank, China's Didi to roll out ride-hailing venture in Japan

TMT

09 February, 2018

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 ......

Uber, Ola and others sign shared mobility principles for livable cities

TMT

02 February, 2018

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 ......