Tag: Didi

Chinese Car Pool And Taxi Booking App Dida Chuxing Aims Hong Kong IPO

On the evening of October 8th, Dida Chuxing formally submitted a prospectus to the Hong Kong Stock Exchange, intending to be listed on the Hong Kong Stock Exchange. If completed, it would be the first Chinese car hailing company to list publicly. As an online car-hailing platform with taxis and ride-hailing as its core business,… Continue reading Chinese Car Pool And Taxi Booking App Dida Chuxing Aims Hong Kong IPO

Didi Chuxing, WhatsApp Partner for Ride-Hailing in Brazil

The service is currently available in four cities in the state of São Paulo and is expected to include the entire country by the end of the year. Photo via Pxfuel. Chinese mobility group Didi Chuxing has partnered with Facebook-owned WhatsApp to provide ride-hailing in Brazil, Reuters reports. Operated by Brazilian service 99, the partnership… Continue reading Didi Chuxing, WhatsApp Partner for Ride-Hailing in Brazil

SG’s Neuron Mobility raises $12m Series A+ from existing backers

Singapore-headquartered electric scooter startup Neuron Mobility has raised $12 million in a Series A+ funding round co-led by returning Australian venture capital firm Square Peg, and GSR Ventures, according to an announcement. This new round brings the company’s total Series A funding to $30.5 million. Last December, Neuron Mobility raised $18.5 million in its Series… Continue reading SG’s Neuron Mobility raises $12m Series A+ from existing backers

China’s Didi, BYD to launch co-designed ride-hailing EV this year

China’s ride-hailing giant Didi Chuxing and electric vehicle maker BYD plan to launch this year a test batch of a vehicle they have designed for ride-hailing services, people familiar with the matter said. BYD received approval from China’s Ministry of Industry and Information Technology to sell an electric sedan model called D1 last month, according to government… Continue reading China’s Didi, BYD to launch co-designed ride-hailing EV this year

China’s Didi, BYD to launch co-designed ride-hailing EV: sources

By Yilei Sun, Brenda Goh 3 Min Read Slideshow ( 2 images ) BEIJING (Reuters) – China’s ride-hailing giant Didi Chuxing and electric vehicle maker BYD plan to launch this year a test batch of a vehicle they have designed for ride-hailing services, people familiar with the matter said. BYD received approval from China’s Ministry… Continue reading China’s Didi, BYD to launch co-designed ride-hailing EV: sources

Uber plans to sell part of stake in China’s Didi Chuxing

Uber Technologies Inc is planning to sell part of its $6.3 billion stake in Chinese ride-hailing firm Didi Chuxing to raise cash, Bloomberg News reported https://bloom.bg/2RAViKg on Thursday, citing people familiar with the matter. CEO Dara Khosrowshahi is in talks about the sale with Didi and SoftBank Group Corp, with a possible scenario of the Japanese conglomerate teaming up with other investors to acquire Uber‘s 15% stake in Didi, according to… Continue reading Uber plans to sell part of stake in China’s Didi Chuxing

China Evergrande New Energy Vehicle to raise $516m from Tencent, Sequoia, others

China Evergrande New Energy Vehicle Group Ltd said on Tuesday investors including Tencent Holdings Ltd and Sequoia Capital will buy HK$4 billion ($516.12 million) worth of company shares in a share sale. The electric vehicle unit of property developer China Evergrande said its controlling shareholder plans to sell 176.58 million existing shares, or about 2%… Continue reading China Evergrande New Energy Vehicle to raise $516m from Tencent, Sequoia, others

Volkswagen to test autonomous vehicles in Chinese city Hefei

FILE PHOTO: A logo of German carmaker Volkswagen is seen on a car parked on a street in Paris, France, July 9, 2020. REUTERS/Christian Hartmann/File Photo BEIJING (Reuters) – Volkswagen AG (VOWG_p.DE) said on Wednesday it will start testing autonomous vehicles in China’s eastern city of Hefei, its first in the world’s biggest car market.… Continue reading Volkswagen to test autonomous vehicles in Chinese city Hefei

AutoX Launches Robotaxi Fleet in Shanghai

The company will begin by deploying a fleet of 100 robotaxis. Photo via Marianna/Flickr. Autonomous vehicle company AutoX signed a partnership with the City of Shanghai at the the World Artificial Intelligence Conference, to jointly launch the first commercial robotaxi fleet in China. The company will begin by deploying a fleet of 100 robotaxis. In June,… Continue reading AutoX Launches Robotaxi Fleet in Shanghai