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Uber stock slips as Chinese rival reportedly plans to enter the Western European market
Uber stock was weighed down by a report that Chinese rival Didi is looking to enter the ride-hailing market in the UK, France and Germany. Nisian Hughes/Getty Images Uber shares fell Wednesday .....»»
China"s Didi Chuxing Launching Ride-Hailing Service in Mexico
China’s Didi Chuxing is launching its ride-hailing service in Mexico in the latest challenge to rival Uber as it seeks to take its services beyond China......»»
The Wall Street Journal: Chinese Uber rival Didi halts carpool service after driver kills passenger
Chinese ride-hailing giant Didi Chuxing Technology Co. said it is temporarily halting one of its services for the second time in three months after police said a Didi driver raped and murdered a female passenger in eastern China......»»
Exclusive: "Made in Russia" passenger jet finds a single buyer, Aeroflot
Russia's main home-grown passenger jet, the Sukhoi Superjet 100, conceived as a rival to Airbus, Bombardier and Embraer, has no confirmed orders this year beyond a long-standing deal with state carrier Aeroflot , two sources told Reuters......»»
Exclusive: No orders for Russian-made Superjet, rival to Western jets, except Aeroflot - sources
Russia's main home-grown passenger jet, the Sukhoi Superjet 100, conceived as a rival to Airbus, Bombardier and Embraer, has no confirmed orders this year beyond a long-standing deal with state carrier Aeroflot , two sources told Reuters......»»
Exclusive: China"s SenseTime expects $750 mln 2019 revenue despite U.S. ban - sources
Chinese artificial intelligence (AI) start-up SenseTime, which Washington put on a trade blacklist in October, expects its 2019 revenue to increase by more than 200% year-on-year to around $750 million, two sources familiar with the matter said......»»
Exclusive: Morgan Stanley likely to gain majority control of China securities JV in H2 - sources
Morgan Stanley is likely to get regulatory approval for owning a majority stake in its Chinese securities joint venture in the second half of this year, people with direct knowledge of the matter told Reuters......»»
Uber, Didi slam Mexico City"s new rules on ride-hailing, including cash ban
Uber, Didi Chuxing and other ride-hailing firms on Thursday criticized a host of new regulations of the sector in Mexico's capital city, which include a ban on cash fares that could exclude many potential customers who lack bank accounts......»»
Exclusive: Chinese EV car maker NIO restricts its IPO banks from working for rivals - sources
Chinese electric vehicle (EV) maker NIO Inc has blocked the eight top investment banks that did its IPO from working for rivals by tying them up in rare year-long non-compete clauses, several people with direct knowledge of the matter said......»»
Exclusive: Uber plans to kick off IPO in April - sources
Ride-hailing company Uber Technologies Inc is planning to kick off its initial public offering in April, putting it close on the heels of its smaller rival Lyft Inc, people familiar with the matter said on Thursday......»»
China Ride-Hailing Giant Didi in IPO Talks, Likely Beating Uber to Market
Didi Chuxing Technology is holding discussions about a multibillion-dollar initial public offering that could happen as soon as this year, as it looks to amass a large war chest to fend off rivals in China and other countries......»»
China Ride-Hailing Giant Didi in Talks for IPO, Likely Beating Uber to Market
Didi Chuxing Technology is holding discussions about a multibillion-dollar initial public offering that could happen as soon as this year, as it looks to amass a large war chest to fend off rivals in China and other countries......»»
China"s Didi in talks for IPO as early as this year: WSJ
(Reuters) - Chinese ride-hailing company Didi Chuxing is in talks for a multi-billion-dollar initial public offering that could take place as early as this year, The Wall Street Journal reported on Tuesday, citing people familiar with the matter......»»
Chinese Ride-Hailing Giant Didi Chuxing in Talks for IPO
Didi Chuxing Technology is holding discussions about a multibillion-dollar initial public offering that could happen as soon as this year, as it looks to amass a large war chest to fend off rivals in China and other countries......»»
Chinese Ride-Hailing Giant Hits Accelerator on Talks for Potential IPO
Didi Chuxing Technology Co. is holding discussions about a multibillion-dollar initial public offering that could happen as soon as this year, as it looks to amass a large war chest to fend off rivals in China and other countries......»»
Uber rival Gett is said to mull sale of ride-share startup Juno
Gett Inc., the ride-hailing app that competes with Uber Technologies Inc., is weighing an exit from the U.S., just over a year after spending $200 million to enter the market......»»
How Booking Holdings Just Boosted Uber"s Archrival
Chinese ride-hailing giant Didi Chuxing is assembling the pieces to outflank Uber......»»
"China"s Uber" Murderer Had Loans From 51 Lenders, Borrowed Heavily From P2P
Submitted by Investing in Chinese Stocks China's Uber, Didi Chuxing, has suspended service after a driver raped and murdered a young wom.....»»
Chinese transport authorities slam Didi for skirting safety measures
Chinese authorities announced a broad crackdown on China's ride-hailing industry on Wednesday, targeting market-leader Didi Chuxing with fines following the deaths of two passengers in separate incidents earlier this year......»»
"Out of control": Chinese authorities slam ride-hailing giant Didi over safety
Chinese authorities announced a broad crackdown on China's ride-hailing industry on Wednesday, targeting market-leader Didi Chuxing with fines following the deaths of two passengers in separate incidents earlier this year......»»