Posts Tagged ‘ Didi Chuxing ’
Tuesday, December 6, 2016
Dearton Thomas Hector
US- based ride-hailing app Uber Inc. on Monday made two significant announcements in its blog. The first was its creation of a new division for artificial intelligence (AI), called AI Labs, to be based in San Francisco. The second announcement was that Uber is acquiring an AI startup Geometric Intel...
London-headquartered Karhoo Technologies Ltd, which runs taxi app Karhoo announced on Tuesday that they are shutting down operations because of a fund crunch. The startup, which started operations just six months ago had raised $250 million and hired 120 people to take on the world’s largest cab-h...
9 November, 2016 |
US-based ride hailing service Uber just overhauled its app in order to offer a “faster and personalised” experience to customers. The last redesign of the Uber app, which was launched in 2009, was done in 2012. Here is a peek at the app’s updated features: Destination first: The company claims...
4 November, 2016 |
Chinese taxi-hailing firm Didi Chuxing has expressed its ambitions to go global. Didi’s president Jean Liu made it clear at an event in the US that, “We are definitely going global.” “We are a big sponsor and a big believer in local players. If there are no existing local players, we will go...
21 October, 2016 |
Uber Technologies Inc., the world’s largest cab-hailing service provider, is not yet ready for an initial public offering, co-founder and CEO Travis Kalanick has said. “I feel like we maybe just entered high school,” Kalanick told Vanity Fair at an event in San Francisco. “It’s the nin...
20 October, 2016 |
ANI Technologies Pvt Ltd, which runs cab-hailing app Ola, is reportedly in talks with its existing investors that include Japan’s SoftBank and US-based General Motors, for a fresh round of funding to raise $500 million. Ola has held preliminary discussions with US automobile giant General Motors (...
13 October, 2016 |
US-based taxi hailing firm Uber Technologies Inc plans to enter the bus and mini-van aggregator space in India with the launch of Uber Everything, according to Mint report on Wednesday, citing an unidentified source. Uber is looking to strengthen its presence in India after selling its China busines...
12 October, 2016 |
The Chinese ride hailing firm Didi Chuxing is reportedly working on self-driving cars. According to Bloomberg Businessweek, Didi Chuxing, which recently took over world’s largest cab-hailing app Uber’s China business, is looking to hire data scientists and engineers from the Silicon Valley in US...
7 October, 2016 |
US cab-hailing firm Uber Technologies Inc has said the recent deal with Didi Chuxing, its Chinese competitor, will allow it to invest more in India, according to a report. Citing a 7 September letter written by Uber to its investors, Reuters reported the company as saying that India is now its large...
8 September, 2016 |
The merger of UberChina and Didi Chuxing is likely to lead to a tricky relationship among the two companies and Indian cab aggregator Ola. This is because the transaction would give Uber Technologies Inc. a considerable 17.7% stake in Didi Chuxing, according to various media reports. The complicatio...
2 August, 2016 |