BEIJING (Reuters) – Chinese automaker BAIC Group and ride-hailing service provider Didi Chuxing plan to team up with other industry players to lease BAIC’s cars to customers amid concerns about ride hailing and vehicle sharing eating into car sales. The compan... More »
BEIJING (Reuters) – China’s biggest ride-hailing company Didi Chuxing will allow users of its smartphone app to access services provided by apps of three domestic auto firms and others, in a push to generate more orders. Didi said in a statement on Monday it h... More »
BEIJING (Reuters) – China’s Didi Chuxing said it had set up a joint venture (JV) with Beijing Electric Vehicle Co., a unit of state-owned BAIC, to work on new energy vehicle and artificial intelligence projects. The JV, BAIC-Xiaoju New Energy Auto Technology C... More »
BEIJING (Reuters) – China’s Didi Chuxing signed an agreement with German automotive supplier Continental AG on Tuesday to cooperate in developing internet-connected, electric cars tailor-made for Didi’s ride hailing services. Didi currently uses regular passen... More »
FILE PHOTO – A woman walks past Didi Chuxing’s booth at the Global Mobile Internet Conference (GMIC) 2017 in Beijing, China April 28, 2017. REUTERS/Jason Lee MEXICO CITY/SAN FRANCISCO (Reuters) – Didi Chuxing, China’s ride-hailing behemoth, plans to expand int... More »
The logo of Didi Chuxing is seen at its headquarters in Beijing, China, May 18, 2016. REUTERS/Kim Kyung-Hoon/File Photo Didi Chuxing, China’s top ride-hailing firm, is set to raise a $5 billion funding round that values the company at about $50 billion. More »
The logo of Didi Chuxing is seen at its headquarters in Beijing, China, May 18, 2016. REUTERS/Kim Kyung-Hoon/File Photo – RTX2GOMR The Chinese government said on Friday it was investigating two high-profile takeover proposals involving U.S. companies, the late... More »
BEIJING Didi Chuxing will buy Uber’s China business, the Chinese ride-hailing company said on its official microblog on Monday. Uber will continue to operate independently in China, and Uber’s global business will receive a 5.89 percent stake in Didi as part o... More »
Ride-hailing service Didi Chuxing, Uber Technologies Inc’s main rival in China, is working toward an initial public offering in the United States that would likely take place in 2018, a person with knowledge of the plan said on Monday. The Apple Inc-backed fir... More »