CHINA TOPIX

04/19/2024 08:07:36 pm

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Uber

Uber China

Uber China, Didi Chuxing Join Forces

Two of the biggest players in the Chinese ride-hailing industry are set to merge forces. Uber Technologies recently announced that it is selling its China business to competitor Didi Chuxing, which happens to be the biggest ride-hailing service in the country. The deal will put an end to the ongoing battle for dominance between the two giants.

Uber

Didi Chuxing, Uber can now Operate Legally in China; new Law to Take Effect in November

Days after investors revealed that they want Uber and Didi Chuxing to reach a sort of partnership agreement in China, the country has announced a new law that makes ride-hailing services legal in the country.

Mobike

Mobike is the Uber for Bicycles

An Uber spin-off has been launched in China by an ex-Uber employee. The new service called Mobike offers a similar ride-hailing feature like Uber, but instead of cars, it is an on-demand bicycle rental service.

Uber China

Uber China Wants to Capitalize on 90-Second Required App Duration

In China, Uber users are required to open the app for at least 90 seconds after they get into the car they have hailed. While this does not seem to be a long duration, Uber is planning to capitalize on that minute-and-a-half mark by sending out valuable information or even ads to users.

Uber introduces UberBoat and UberBalloon in China.

Uber Offers Boat, Hot Air Balloon Rides in China

Because of tough competition, Uber has added some extra services to its Chinese customers, by hailing them not only a car but also a boat and even a hot air balloon.

Beijing Launches First Government Authorized Chauffeured Car Services APP

Didi Chuxing Raises $7.3B to Keep Uber out of China

In an attempt to stop Uber from coming to China, Didi Chuxing Technology Co - the Chinese car-hailing app - has announced that it was able to raise $7.3 billion from its latest fundraising campaign.

Uber

Uber's Scheduled Rides Feature now Allows Users to book Rides 30 Days in Advance

Ride-hailing service Uber recently released a new feature known as Scheduled Rides and as the name suggests, it will allow users to book a ride up to 30 days in advance unlike conventional transport services.

Didi Chuxing

Didi Chuxing: Uber Rival Raises $600 Million from China Life Insurance

Chinese ride-sharing and ride-hailing app Didi Chuxing announced an infusion of $600 million from China Life Insurance Co Ltd, which also holds a stake in Didi Chuxing's rival and American multinational Uber.

Uber's 'Scheduled Rides' fetaure is currently available in Seattle and who have business profiles.

Uber Launches 'Scheduled Rides' Feature Up to 30 Days

Uber has announced a new feature that will let riders to book a ride up to 30 days ahead of time and eventually scheduled rides would come to all its users.

Uber

Uber and Fiat Chrysler may Collaborate on Autonomous Cars

Ride-sharing company Uber Technologies Inc. is reported to be in talks with Fiat Chrysler Automobiles NV for a potential collaboration on autonomous cars. According to the Wall Street Journal, the talks are still in the preliminary stage. Uber is also said to be holding talks with several other auto makers.

Uber is losing $1 billion per year because of heated competition

Uber: Ride-Hailing Company Releases Series of new Features, Perks for Drivers

Ride-hailing company Uber recently rolled out a host of new features and perks in an attempt to appease its drivers.

Transportation Company Bitauto Attracts $300 Million Funding

Bitauto Raises $300 Million in Funding Round: Baidu Invests $50 Million

Bitauto Holdings Ltd., an online content and marketing services outfit, raised $300 million in its latest funding round. Leading technology companies such as JD.com, Tencent and Baidu participated, with each contributing $50 million.

Chinese cab-hailing app Didi

Didi Claims to be Making Profit in 200 Cities in China

Didi Chuxing Technology Co., the largest ride-hailing company in China, has revealed that it is earning profits in more than half of the cities it is currently active in. The company is operating in about 400 cities in China.

Taxi Drivers Rally In Favor Of Stricter Regulations For Part Time Car Service Drivers

Uber: New York Drivers File Lawsuit Claiming Ride-Hailing Company is Stealing Their Wages

Uber has once again been hit with a lawsuit filed by 10 Uber drivers from the New York Taxi Workers Alliances (NYTWA) claiming that the ride-hailing and ride-sharing company is stealing their wages.

Uber

Saudi Arabia Invests $3.5 bn in Uber

Saudi Arabia is injecting $3.5 billion to Uber, keeping its valuation unchanged at $62 billion.

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