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Chinese Internet Giants Invest In Tesla Killer

Several Chinese Internet giants and financial investment organizations, including Tencent and Hillhouse Capital, have invested in the new energy car maker NextEV. NextEV's spokesperson revealed that...

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Taxi App Moves Into Chinese Mass Transportation

Chinese taxi-hailing app group Didi Kuaidi announced a deal with bus manufacturer Yutong to create bus-related smart technologies. With the cooperation, Didi Kuaidi will recommend their automobile...

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China's Didi Kuaidi Invests In Indian Taxi Service Provider

China's Didi Kuaidi announced its participation in the latest round of financing for Ola, a taxi service provider in India. Ola's other investors in this round included GIC, Falcon Edge, Tiger Global,...

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Uber Says Chinese Government Relations Help It Succeed

Uber has reportedly registered a new company in the China (Shanghai) Pilot Free Trade Zone with CNY2.1 billion registered capital. According to reports in Chinese local media, this is reportedly Uber's...

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Shanghai Transportation Startup Adapts Its Services To User Oddities

Though many of Shanghai's main thoroughfares are off-limits to bicycles, the side-streets and alleys in Shanghai afford riders ample opportunity …

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Big Data Hits Chinese Highways As Hisense Signs Provincial Deal

Hisense and the Fujian Provincial Expressway Information Technology Company have signed a strategic cooperation agreement to establish a smart system …

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Didi, Volkswagen Set Up JV In China

Didi Chuxing's new joint venture with Volkswagen China is set to come online in the coming months. According to Didi, …

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Didi Chuxing Announces 2017 Strategies, New Organizational Structure

Didi Chuxing recently sent out an all-employee letter announcing its five strategic key ideas for 2017 and its new upgraded …

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Didi Chuxing Sets Up Research Institute In Silicon Valley

China's Didi Chuxing announced plans to establish its Didi American research institute to attract top scientific research talents for the …

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Uber's Hong Kong Fare Increase May Still Be A Good Idea

American ride-hailing company Uber recently announced that after studious evaluation, the company decided to increase the charge of its services …

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