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Why is Didi worth so much less than Uber?

Years ago, U.S. ride-hailing giant Uber and its Chinese rival Didi were locked in an expensive rivalry in the Asian nation. After a financially...

SoftBank, Uber, Tencent set to reap rewards from Didi IPO

After years of speculation, Didi Chuxing, China’s ridesharing behemoth, finally unveiled its IPO filing in the U.S., giving a glimpse into its money-losing history....

Toyota invests $600 million in Didi, with the two setting up...

Didi Chuxing announced today that it has received new investment totaling $ 600 million from Toyota Motor Corporation. As part of the deal,...

China’s Didi beefs up its newly-independent car services business with an...

A week after spinning out its driver services business and giving it $ 1 billion in investment capital, Didi Chuxing has added to...

Travel giant Booking invests $500M in Chinese ride-hailing firm Didi Chuxing

Didi Chuxing, China’s largest ride-hailing company, has pulled in some strategic capital after Booking Holdings invested $ 500 million into its business....

China’s Didi Chuxing raises $4B more for AI, international expansion and...

 China’s Didi Chuxing, the country’s top ride-hailing company, said today that it has raised $ 4 billion in new capital to support a range...

SoftBank, Dragoneer, Didi close to finalizing investment in Uber

 Japan’s SoftBank Group, U.S. investment group Dragoneer and Chinese rideshare giant Didi Chuxing are close to finalizing their investment in Uber via a joint...

Alibaba, Tencent, Didi and other tech firms pour $12B into mobile...

 China is about to take net neutrality to the next level after a group of influential tech companies that includes Baidu, Alibaba, Tencent, Didi...

China’s Didi backs Uber rival Careem to expand its global footprint...

 A week after its first investment in Europe, Chinese ride-sharing giant Didi Chuxing is spreading its wings once again after it announced a financing...
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