UPDATE 1-Hyundai invests in Grab to gain ‘foothold’ in Southeast Asia ride-hailing market

SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) said on Thursday it had invested in Southeast Asian ride-hailing firm Grab, as it seeks to expand into the region to reduce its reliance on China following a damaging diplomatic row between Seoul and Beijing. Hyundai’s first direct investment in a ride-hailing firm gives it a… Continue reading UPDATE 1-Hyundai invests in Grab to gain ‘foothold’ in Southeast Asia ride-hailing market

Uber rival Taxify expands into Lisbon while eyeing fresh funding

FRANKFURT (Reuters) – Taxify, Uber’s upstart European-based rival, is looking to expand during the coming year outside of the biggest cities in the more than 20 countries where it now operates into secondary markets, Chief Executive Markus Villig said on Thursday. The Estonia-based taxi-hailing platform active in Central and Eastern Europe and Africa, has taken… Continue reading Uber rival Taxify expands into Lisbon while eyeing fresh funding

Hyundai Motor and Grab Sign Strategic Partnership to Expand Mobility Service

SEOUL, South Korea and SINGAPORE, Jan. 10, 2018 /PRNewswire/ — Hyundai Motor Company, South Korea’s largest automaker, and Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia, today announced a strategic partnership that will expand Hyundai’s innovative future mobility services in Southeast Asia. The strategic partnership will help Hyundai explore new opportunities in the… Continue reading Hyundai Motor and Grab Sign Strategic Partnership to Expand Mobility Service

DiDi completes 7.43b rides in 2017

A mobile phone user uses the taxi-hailing and car-service app DiDi Chuxing, Feb 22, 2015. [Photo/IC] BEIJING — Chinese ride-hailing giant DiDi Chuxing completed 7.43 billion rides for 450 million users in more than 400 cities across China last year, the company announced Monday. The record high number of rides, which does not include bike-sharing… Continue reading DiDi completes 7.43b rides in 2017

Didi to roll out all-inclusive bike-sharing platform

A mobile phone user uses the taxi-hailing and car-service app Didi Chuxing, Feb 22, 2015. [Photo/IC] Didi Chuxing, China’s largest ride-sharing company, announced on Tuesday that it will soon launch a comprehensive bike-sharing platform within its app, which will integrate Ofo Inc, Bluegogo, and other potential bike-sharing partners, as well as Didi’s upcoming own-branded bike-sharing… Continue reading Didi to roll out all-inclusive bike-sharing platform

E-bikes and autonomous vehicles take over urban mobility

E-bikes and autonomous vehicles take over urban mobility Welcome to our weekly news highlights by Splyt, the place where you‘ll find the most relevant information about the urban mobility scene. Follow us for updated news, we post every Tuesday! Here is what happened last week: E-bikes — add them to your fleet, or stay behind As the bikesharing industry and… Continue reading E-bikes and autonomous vehicles take over urban mobility

China Car-Sharing Giant Didi Chuxing Cooperates With Bluegogo To Launch Massive Bike-Sharing Platform

China’s fractured bike sharing industry just became more complex as car ride sharing giant Didi Chuxing announced the launch of a comprehensive bike-sharing platform. Under the plan, Didi’s car sharing app will integrate the services of Bluegogo, as well as bike sharing giant ofo and potentially other bike-sharing partners. It will also include a DiDi… Continue reading China Car-Sharing Giant Didi Chuxing Cooperates With Bluegogo To Launch Massive Bike-Sharing Platform

Asia tech news roundup – Jan 9

Photo credit: James / Wikimedia Commons Here’s a wrap of the day’s top tech headlines. Social media Grindr picked up by Kunlun (China/US). Chinese gaming company Kunlun has acquired the remaining 37 percent stake of gay dating app Grindr in a US$152 million deal. It purchased around 62 percent of the US-based firm’s shares in… Continue reading Asia tech news roundup – Jan 9

China Car-Sharing Giant Didi Chuxing Buys Bluegogo To Launch Massive Bike-Sharing Platform

China’s fractured bike sharing industry just became more complex as car ride sharing giant Didi Chuxing announced the launch of a comprehensive bike-sharing platform. Under the plan, Didi’s car sharing app will integrate the services of its newly acquired bike sharing firm Bluegogo, as well as bike sharing giant ofo and potentially other bike-sharing partners.… Continue reading China Car-Sharing Giant Didi Chuxing Buys Bluegogo To Launch Massive Bike-Sharing Platform