Ride-hailing

The Cairo-born startup has raised over USD 100 million to date and aims to grow its annual gross revenue to USD 1 billion by 2025.

The used car market in India is expected to reach 8.2 million units by FY 2025, which will make it twice as big as the new car segment.

‘Super app’ provider teams with gas major and business group to fight shortage.

Tax, transport, and competition regulators part of on-site security probe.

With the latest acquisition, AirAsia is set to “turbocharge” its ambition to become “a leading ASEAN challenger super app,” said the group CEO.

Didi is a channel that supercharges consumption in China’s major cities. Halting new user registrations could put the brakes on broader economic growth.

The removal of Didi’s app from app stores came two days after regulators initiated a cybersecurity review of the company.

SoftBank-backed Chinese ride-hailer faces profit uncertainty in global competition.