Articles tagged “didi”

DiDi said robotaxis will be available on its rideshare app by 2025, and Regent Craft said it will begin testing electric seagliders next year.

Consider Tripadvisor's excruciating marketing decisions: It wants to shout to the world that travelers can save hundreds of dollars on a Hilton or Marriott booking for their next trip when enrolled in the subscription program, Tripadvisor Plus. But that's going to piss off Hilton and Marriott.

Did Airbnb, Booking Holdings, Tripadvisor, Oyo, and Marriott, among others, squirm a bit upon learning of Chinese regulators' latest antitrust crackdowns, this time against ridesharing giant Didi and food-delivery and hotel booker Meituan? If not, they should.

Uber certainly isn't making a profit yet, which isn't the worst thing in the world, considering the mammoth market opportunity. Still, investors in its initial public offering should know it could take several years before that red ink turns black.

Expedia is an opportunistic company, and mergers and acquisitions are part of its DNA. The company has been quiet on this front for the past three years. It is sort of due to make another big splash.

Expedia has dealt with a ton of distractions in recent years as it acquired Wotif, Travelocity, Orbitz Worldwide, and HomeAway, for example. CEO Mark Okerstrom wants to focus on the basics instead, and doesn't want to take bold steps into dining reservations or food delivery for now. On the other hand, Expedia is a very acquisitive company so never say never.

It's becoming increasingly clear that online travel players will try to leverage the heck out of connections between food delivery, ridehailing, and booking hotels. Uber and Lyft will undoubtedly become a bigger part of the action, as well.

For Avis Budget Group, strong overseas returns aren't offsetting weakness in the Americas. Through its partnerships with services like Uber and Didi, it's looking for another way to make money with its fleet when rental demand flags.