DiDi Chuxing: The Chinese Ride-Sharing Giant

DiDi Chuxing is a mobile transportation company headquartered in Beijing. Known simply as DiDi, it is now one of the world's ...
Reuters

China regulator says Didi, Uber deal will need Mofcom approval

BEIJING (Reuters) - A merger between Chinese ride-hailing firm Didi Chuxing and the China unit of U.S. rival Uber could face its first hiccup after China's commerce ministry (Mofcom) said on Tuesday ...
Naija Gist - Latest

Didi, Uber said to merge in $35 billion deal

The new entity combines Didi's most recent valuation of $28 billion and Uber China's $7 billion valuation for the $35 billion market capitalisation. A deal between the two - which have been spending ...
Digital Trends

Apple bets big on Uber's biggest competitor in China with a $1 billion investment

Apple is betting on China in a big way. On Thursday, the Cupertino-based iEmpire announced that it had invested $1 billion in Didi Chuxing, a Chinese ride-hailing service and Uber’s main competition ...