Articles tagged “didi taxi”

Uber Looks for a Truce in Its Billion Dollar Battle With Chinese Rival Didi

Uber Looks for a Truce in Its Billion Dollar Battle With Chinese Rival Didi

Lulu Yilun Chen, Alex Barinka and Eric Newcomer, Bloomberg

You know it must be a rough battle if Uber is trying to make friendly. But considering the ambitions of both companies this would only be a temporary truce.

3 years ago

Uber’s Biggest Rival in China Just Raised $1.5 Billion in 5 Days

Uber’s Biggest Rival in China Just Raised $1.5 Billion in 5 Days

Lulu Yilun Chen Karolina Miziolek , Bloomberg

Both Didi and Uber are lowering prices to the point of heavy losses, so it's a good idea to raise more money fast.

4 years ago

One of China’s Top Taxi-Hailing Apps Has Eyes on U.S. IPO

One of China’s Top Taxi-Hailing Apps Has Eyes on U.S. IPO

Lulu Yilun Chen, Bloomberg

The strength of Didi and its local rivals points to the challenges outsiders like Uber and Lyft face in China and elsewhere in Asia.

5 years ago