Articles tagged “didi”

Startups

DiDi Autonomous Driving Raises $149 Million for Robotaxis: Startup Funding Roundup

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

DiDi Autonomous Driving Raises $149 Million for Robotaxis: Startup Funding Roundup

Ground Transport

Didi’s $1.2 Billion Regulatory Fine Was Largest Ever for Chinese Tech Firm

Chinese ridesharing firm Didi's business is recovering after the country's Covid lockdowns. Didi also had to cope with stiff government retaliation after it insisted on a U.S. stock market listing — now gone — in 2021.

Didi’s $1.2 Billion Regulatory Fine Was Largest Ever for Chinese Tech Firm

Online Travel

Tripadvisor Plus Offers Plenty of Chain Hotels Even If It Is Short on Brand Agreements

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.

Tripadvisor Plus Offers Plenty of Chain Hotels Even If It Is Short on Brand Agreements

Online Travel

Ridesharing Firm Didi’s IPO Calamity Highlights Risks for Online Travel in China

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.

Ridesharing Firm Didi’s IPO Calamity Highlights Risks for Online Travel in China

Ground Transport

6 Uber IPO Roadshow Takeaways Every Travel Exec Needs to Know

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.

6 Uber IPO Roadshow Takeaways Every Travel Exec Needs to Know

Online Travel

Expedia Had a Less-Is-More Approach to Mergers in 2018

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 Had a Less-Is-More Approach to Mergers in 2018

Online Travel

Expedia Isn’t Ready to Invest Big in Restaurant Reservations

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.

Expedia Isn’t Ready to Invest Big in Restaurant Reservations

Online Travel

Booking Holdings Invests $200 Million in Grab as Ridehailing Becomes More Strategic

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.

Booking Holdings Invests $200 Million in Grab as Ridehailing Becomes More Strategic

Ground Transport

Avis Ups Its Ridesharing Partnerships as Pressure Increases on Car Rentals

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.

Avis Ups Its Ridesharing Partnerships as Pressure Increases on Car Rentals