Tag: Didi

Alibaba Said To Buy $3B Stakes In Chinese Bike Sharing Firm Ofo From GSR

Chinese tech giant Alibaba Group Holding Ltd. is reported to have bought a US$3 billion stake in bike sharing firm ofo from GSR Ventures. According to multiple Chinese media reports, Ou Chengxiao, brother-in-law of GSR’s managing partner Allen Zhu, stated in an open course he teaches that GSR sold its entire stake in ofo to… Continue reading Alibaba Said To Buy $3B Stakes In Chinese Bike Sharing Firm Ofo From GSR

Daimler’s car-sharing service: Car2go is growing fast

car2go Daimler’s car-sharing service was used 24 million times last year. (Photo: Reuters) The car-sharing provider Car2go from the DaimlerGroup has seen strong growth in customer numbers over the past year. With 2.97 million customers 30 percent more users were registered with the company than the year before, said Car2go on Thursday in Stuttgart. As… Continue reading Daimler’s car-sharing service: Car2go is growing fast

Grab, Uber’s rival in Southeast Asia, pulls in strategic investment from Hyundai

Grab, Uber’s closest rival in Southeast Asia, continues to slowly release information about its newest funding round after it revealed it has netted a strategic investment from Hyundai. To recap, the Singapore-based firm raised a massive $2 billion led by SoftBank and China’s Didi Chuxing last July with plans to extend the round by a… Continue reading Grab, Uber’s rival in Southeast Asia, pulls in strategic investment from Hyundai

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