Xiaochun Zhao

The company is making hefty investments to fuel overseas expansion and is locked up in a subsidy-fueled battle with Meituan-Dianping at home.

Didi Chuxing has drawn fire from the public after the death of a female passenger allegedly killed by a Didi driver.

The bike-sharing startup said it has turned a profit in over 100 Chinese cities.

Singapore may be the first country for Grab to kick off its robo-taxi services.

Tencent will buy up to USD50 million worth of the notes.

About a month ago, Carousell announced a USD85- million Series C round led by Rakuten Ventures and EDBI.

Chinese regulators introduced CDR trial rules last week.

Byton, formerly known as Future Mobility, was founded in Nanjing in 2016 and is led by former BMW executives. It claims its concept SUV costs 40% cheaper than a Tesla Model X.