CHINA TOPIX

04/25/2024 12:04:36 pm

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Honda and Alphabet are reportedly in talks to collaboratively develop autonomous cars.

Grab Scores Major Investment Deal With Honda

Japanese auto giant Honda recently announced that it is investing in Grab, the ride-sharing service widely held as Southeast Asia’s answer to Uber. Financial details of the deal were not disclosed. However, many industry analysts said that it is part of Honda’s strategy to broaden its market into the growing ride-sharing industry.

Grab

Grab Collects $750 Million in Latest Funding Run

Ride-hailing service Grad has confirmed that it has completed its latest round of funding and was able to accumulate $750 million in new capital. Grab is widely considered by many tech analysts as the biggest rival of Uber in the Southeast Asian market.

Didi Kuaidi Reported that It is profitable at half of its locations

Didi Kuaidi Teams Up with Lyft to Hail Ride for Chinese Travelers in the US

Chinese travelers who use the ride-hailing app Didi Kuaidi in China can still use the mobile app to book a ride through its new partner Lyft when visiting the United States.

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