SoftBank-backed Grab acquires Uber's Southeast Asia business

Team TC

Ride-hailing firm Uber Technologies Inc. has decided to sell its Southeast Asian business to regional rival Grab, its second exit ....

26 March, 2018

Japan's Sony plans AI-powered taxi-hailing system to take on SoftBank

Reuters

Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing ....

20 February, 2018
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SoftBank, China’s Didi to roll out ride-hailing venture in Japan

Reuters

China’s Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing services, ....

9 February, 2018

Ola goes global with Australia launch, takes on Uber

Manu P Toms

Amid heightened speculation over Ola and Uber collaborating in India, the homegrown ride-hailing unicorn has made its first overseas ....

30 January, 2018

Uber to buy Geometric Intelligence to strengthen its AI wing

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 ....

6 December, 2016

A peek at Uber's revamped rider app

Dearton Thomas Hector

US-based ride hailing service Uber just overhauled its app in order to offer a "faster and personalised" experience to customers. ....

4 November, 2016
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Uber's UK-based rival Karhoo shuts shop

Dearton Thomas Hector

London-headquartered Karhoo Technologies Ltd, which runs taxi app Karhoo announced on Tuesday that they are shutting down operations ....

9 November, 2016

Now Chinese ride-hailing major Didi Chuxing wants to go global

Dearton Thomas Hector

Chinese taxi-hailing firm Didi Chuxing has expressed its ambitions to go global. Didi's president Jean Liu made it clear at an ....

21 October, 2016

Uber still not ready for IPO, says CEO Travis Kalanick

Dearton Thomas Hector

Uber Technologies Inc., the world's largest cab-hailing service provider, is not yet ready for an initial public offering, co-founder ....

20 October, 2016

Ola in talks with SoftBank and General Motors to raise $500 mn

Dearton Thomas Hector

ANI Technologies Pvt Ltd, which runs cab-hailing app Ola, is reportedly in talks with its existing investors that include Japan's ....

13 October, 2016
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Uber to enter bus aggregation space in India

Priya Prasad

US-based taxi hailing firm Uber Technologies Inc plans to enter the bus and mini-van aggregator space in India with the launch ....

12 October, 2016

Apple-backed Didi plans self-driven cars

Dearton Thomas Hector

The Chinese ride hailing firm Didi Chuxing is reportedly working on self-driving cars. According to Bloomberg Businessweek, Didi ....

7 October, 2016

Uber says China deal with Didi Chuxing to help boost India play

Dearton Thomas Hector

US cab-hailing firm Uber Technologies Inc has said the recent deal with Didi Chuxing, its Chinese competitor, will allow it to ....

8 September, 2016

Uber-Didi-Ola: A tangled web of shareholding

Vijayakumar Pitchiah

The merger of UberChina and Didi Chuxing is likely to lead to a tricky relationship among the two companies and Indian cab aggregator ....

2 August, 2016

What UberChina's merger with Didi Chuxing means for India

Vijayakumar Pitchiah

Uber Technologies Inc.'s decision to exit China after selling its local ride-hailing business to rival Didi Chuxing will make ....

1 August, 2016

What Ola can learn from Didi Chuxing on its battle against Uber

Arti Singh

Chinese cab-hailing firm Didi Chuxing, the main local competitor for Uber Technologies Ltd in China, has just raised an incredible ....

20 June, 2016

Didi Chuxing raises $7.3 bn in fresh fundraise; GST draft model has e-commerce firms worried

Priya Prasad

Chinese ride-hailing firm Didi Chuxing has raised $7.3 billion in a fresh round of funding while the Goods and Services Tax draft ....

16 June, 2016

Apple invests $1 bn in China's Didi Chuxing

Team TC

Apple Inc has invested $1 billion in Chinese ride-hailing firm Didi Chuxing, earlier known as Didi Kuaidi, in a deal that gives ....

13 May, 2016