NewsByteDance and Kuaishou venture into China’s red-hot group-buying sectorLatecomers have to be able to endure large-scale losses, says Haitong’s Natalie Wu. 2 mins read
The vehicle includes ride-hailing-specific features taking into account driver and passenger safety, health, and comfort. NewsDidi, BYD unveil customized EV for ride-hailing2 mins read
VC firms have poured more than USD 80 billion into Asian travel and mobility tech startups from 2010 to 2019. InsightsAsia leads innovation in global travel, mobility tech sector6 mins read
Didi’s social group-buying service was initially launched as a standalone WeChat mini-program in June. NewsRide-hailing giant Didi adds group-buying feature to its flagship app2 mins read
SoftBank’s investment vehicle steps away from winner-takes-all playbook. InsightsVision Fund’s new strategy: smaller bets, bigger returns5 mins read
When asked by KrASIA, Didi said that it does not have a definitive IPO plan. NewsKEY STAT | Chinese ride-hailing giant Didi prepares 2021 Hong Kong IPO1 min read
The investment indicates investors are picking up confidence in the ride-hailing sector again after a two-year winter. NewsFollowing Dida’s IPO filing, Shouqi Yueche closes Series C round2 mins read
So far, the government has issued 1.04 million license plates for ride-hailing vehicles and 2.5 million ride-hailing driver licenses. NewsChina counts over 21 million ride-hailing orders per day1 min read
Starting October 10, Beijing residents could hail a self-driving ride for free with a few taps on an app. NewsBaidu rolls out Apollo Go robotaxi service for free in Beijing2 mins read
NewsDeals in brief: GIC backs legal AI firm Harvey, Amity and Startale raise funding, China logs 14 investments, and more