Uber has lost once, and we’ll make them…

By Sainul Abudheen K Hearing the news on the impending merger between global cab-hailing giants Uber and Didi Chuxing, Anthony Tan, CEO of Southeast Asian cab-hailing company Grab, has vowed to make Uber lose in…

Didi and Uber China decided to shake hands…

China’s largest ride hailing app Didi Chuxing confirmed in a statement on Monday that they will acquire Uber China. According to the strategic agreement sealed between Didi Chuxing and Uber, Didi Chuxing will acquire all…

Uber China’s rival Yidao CEO: The Sword of…

Zhou Hang, CEO of Chinese ride-hailing company Yidao, spoke on Saturday at the 2016 NetEase Annual Economist Conference about his concern over the legalization of ride-hailing. He also mentioned that the company was developing a…

Didi buying Uber China? Chinese media stir fries…

Rumors about a merger of Uber China and Didi Chuxing have gone on for a while, yet the two parties concerned have, so far, neither denied nor provided comment. However, Bloomberg reported on Monday that…

Ride-hailing apps solidify their legal status in China

China’s Ministry of Transportation and six other government ministries on Thursday jointly published the “preliminary rules on the management of online car-booking,” legalizing ride-hailing services in China for the first time. Last October, a draft…

Chinese ride-hailing firm UCAR rolls onto China’s New…

Three months after its application, China’s leading ride-hailing firm UCAR was officially approved to be listed on China’s New Third Board. The New Third Board, also known as the National Equities Exchange and Quotations, is…

Shanghai government cracks down on unlicensed vehicles in…

Ride-hailing platforms including Didi Chuxing, Uber China, Yidao Yongche and UCAR were each fined RMB 100,000 (USD 15,210) respectively, executive team of the Shanghai Municipal Transportation Commission (SMTC) told China's digital news outlet The Paper…

LeEco-backed Yidao claims to have surpassed Uber China

After Uber China’s and Didi’s latest financing, Chinese ride-hailing company Yidao announced the result of their cooperation with Chinese tech giant LeEco in Beijing on Tuesday. Yidao said that they wanted to become an ecosystem.…