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Jul. 25, 2019
Toyota Expands Collaboration in Mobility as a Service (MaaS) with Didi Chuxing, a Leading Ride-hailing PlatformEstablishment of a joint venture for vehicle-related services for ride-hailing drivers, and investment in DiDi and joint venture
T3 Chuxing’s other backers include retail firm Suning and carmakers Chongqing Changan, Dongfeng Motor Group, and China FAW Group. Go to Source
A new competitor in the ride-hailing market has emerged to challenge the pole position held by long-time player Didi Chuxing – T3 Chuxing. T3 Chuxing was unveiled by its operator Nanjing Lingxing Technology Company Limited in Nanjing on Monday, according to a statement by the startup. Its mobile app went online on July 17 and… Continue reading Alibaba, Tencent-backed ride-hailing app T3 Chuxing goes live in China
DUBAI (Reuters) – China’s Neolix has signed a preliminary agreement with Middle East e-commerce company noon to trial autonomous vehicles in Saudi Arabia and the United Arab Emirates. Neolix will build driverless vehicles customized to the region’s weather conditions, where temperatures can soar above 50 degrees Celsius in the summer, noon said in a statement… Continue reading China’s Neolix to trial autonomous vehicles in Saudi, UAE
Chinese ride-hailing giant Didi Chuxing is reportedly raising $2 billion from investors while bike-sharing firm Hellobike secured $400 million in an Ant Financial-led funding round as part of efforts to beef up their war chest as competition in the sector escalates. According to a report by The Wall Street Journal, Beijing-based Didi plans to sell… Continue reading Didi, Hellobike refill war chest as competition in mobility sector heats up
FILE PHOTO: A man is seen in front of a Didi sign before a promotional event of its Hitch service for the Spring festival travel rush, in Beijing, China January 24, 2018. REUTERS/Stringer/File Photo BEIJING/SHANGHAI (Reuters) – Chinese ride-hailing giant Didi Chuxing said on Thursday it was proposing to relaunch its Hitch carpooling service with… Continue reading China’s Didi plans to relaunch Hitch service with new safety features
Photo via Pixabay. Didi Chuxing has announced that it will allow three major Chinese car manufacturers on to its platform. Soon passengers will be able to order services provided by Guangzhou Automobile Group (GAC), First Automobile Works Group (FAW), and Dongfeng Motor (DFM) on Didi’s app. Quartz reported that this announcement comes amidst rising competition… Continue reading Didi Chuxing Welcomes Competitors to its Ride-Hailing Platform
Photo via Public Domain Pictures. Zhejiang Geely Holding Group Co. announced that it plans to expand its car sharing service in September. In a report by Automotive News China, Geely’s subsidiary, CaoCao Chuxing, a Chinese-based vehicle sharing company, released plans to recruit owners of Geely-brand cars to begin providing carsharing services. The service will provide… Continue reading Geely’s Ridehailing Arm to Offer Carsharing in China
On-demand transportation giant Uber made its name in part by aggressively entering new markets on a path of organic growth, but in recent times, it has shown itself more amenable to the concept of expansion through acquisition. Today, MLU, Uber’s ride-sharing and food delivery JV with Yandex (by way of Yandex.taxi) covering cities in Russia… Continue reading Yandex-Uber JV MLU acquires regional rival Vezet for shares and $71.5M in cash
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 has opened its ride-hailing platform to third parties including those of FAW Group, Dongfeng Motor and Guangzhou… Continue reading China’s Didi Chuxing to open its app to third-party ride-hailing firms
