Amid merger and bankruptcy in the West, lidar maker Hesai nails $190M IPO

Last week, China’s lidar maker Hesai raised an upsized IPO in the U.S. at a time the industry is reeling from layoffs, bankruptcy, and consolidation. The Shanghai- and California- based company, which makes the sensing technology critical to autonomous driving and increasingly advanced driver assistant systems, raised $190 million from its public offering on Nasdaq.… Continue reading Amid merger and bankruptcy in the West, lidar maker Hesai nails $190M IPO

China eHailing Platforms Benchmark Report 2022

DUBLIN, Jan. 24, 2023 /PRNewswire/ — The “e Hailing Platforms in China, 2022: Frost Radar Report” report has been added to  ResearchAndMarkets.com’s offering. The study features Didi Global Inc. (Didi), Shouqi Group (Shouqi Yueche), SAIC Mobility Technology and Service (Xiangdao Chuxing), T3 Mobile Travel Services (T3 Mobility), Zhejiang Geely Holding Group (Cao Cao Mobility), Hello… Continue reading China eHailing Platforms Benchmark Report 2022

E-Mobility Services Market Report 2022: Rising Awareness Regarding Carbon Neutrality Presents Opportunities

DUBLIN, Jan. 21, 2023 /PRNewswire/ — Research and Markets The “E-Mobility Services Market by Service Type, Vehicle Type, Commuting Pattern, and End Use – Global Opportunity Analysis and Industry Forecast 2022-2030” report has been added to ResearchAndMarkets.com’s offering. The E-Mobility Services Market size was valued at USD 3.30 billion in 2021, and is predicted to reach… Continue reading E-Mobility Services Market Report 2022: Rising Awareness Regarding Carbon Neutrality Presents Opportunities

China Autonomous Vehicles Market Report 2022: Sector to Reach $98.89 Billion by 2030 with Self-Driving Vehicles Gaining Traction

 DUBLIN, Jan. 20, 2023 /PRNewswire/ — The “China Autonomous Vehicles Market, Size, Forecast 2022-2027, Industry Trends, Share, Growth, Outlooks, Impact of COVID-19, Company Analysis” report has been added to  ResearchAndMarkets.com’s offering. The Chinese Autonomous Vehicles Market is projected to reach US$ 98.89 Billion by 2030. Self-driving cars could lead China’s automotive industry into the passing… Continue reading China Autonomous Vehicles Market Report 2022: Sector to Reach $98.89 Billion by 2030 with Self-Driving Vehicles Gaining Traction

Didi is allowed to compete again in China

After 18 months of investigation, Didi is back at the start in China. The ride hailing service didi was suspended in China for 18 months. The company has now regained its approval. [embedded content] Officially, the reason for the withdrawal of the license was the illegal collection of user data. In July 2021, Didi was… Continue reading Didi is allowed to compete again in China

Didi’s China ride-hailing app back on some app stores, article with image

BEIJING, Jan 17 (Reuters) – Didi Global’s Chinese ride-hailing app returned to some Android app stores on Tuesday, according to Reuters checks and a source with direct knowledge of the matter, signalling its emergence from around 1-1/2 years of regulatory troubles. Didi has been awaiting approval to resume new user registrations and downloads of its… Continue reading Didi’s China ride-hailing app back on some app stores, article with image

Didi gets China approval to relaunch after 18-month security probe

Eighteen months after its app was suspended in China, ride hailing giant Didi made a comeback on Monday. The move came as China showed signs of easing up its sweeping regulatory clampdown on the internet sector over the past three years. In July 2021, Chinese authorities ordered the country’s app stores to remove Didi, citing… Continue reading Didi gets China approval to relaunch after 18-month security probe

China lifts year-long ban on ride-hailing giant Didi’s new user registration

China’s ride hailing giant Didi Global said in a statement on Monday it would be allowed to resume new user registration, after a more than year-long ban that curbed its growth. The company would take effective measures to ensure platform safety and data security, and safeguard national cyberspace security, it said in the statement. Didi… Continue reading China lifts year-long ban on ride-hailing giant Didi’s new user registration

China lifts ban on ride-hailing giant Didi’s new user registration -company statement, article with image

Jan 16 (Reuters) – China’s ride hailing giant Didi Global said in a statement on Monday it would be allowed to resume new user registration, after a more than year-long ban that curbed its growth. The company would take effective measures to ensure platform safety and data security, and safeguard national cyberspace security, it said… Continue reading China lifts ban on ride-hailing giant Didi’s new user registration -company statement, article with image

Gallery

By Julie Zhu, Kevin Huang and Xu Jing Jan 13 (Reuters) – Chinese authorities are set to allow Didi Global’s ride-hailing and other apps back on domestic app stores as soon as next week, five sources told Reuters, in yet another signal that their two-year regulatory crackdown on the technology sector is ending. Didi has… Continue reading Gallery