Posted in apps asia carsharing China Collaborative Consumption didi driver facial recognition Hitch Murder p2p Safety Tech transport Transportation Uber

Didi makes more safety changes — and will pause night services while it does

Chinese ride-hailing giant Didi has detailed further safety measures incoming to its platform following a second murder of a female passenger last month. The 20-year-old woman…

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Toyota invests $500 million into Uber

Toyota is investing $500 million into Uber. Under the agreement, Toyota vehicles will be equipped with Uber’s self-driving technology, an unnamed source familiar with the…

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Posted in China didi Didi Chuxing Hitch ride hailing Safety TC Tech Transportation

China announces transportation industry reform, days after murder of Didi carpooling passenger

The Chinese government announced it will reform the transportation industry to safeguard passengers, three days after a female passenger was allegedly raped and murdered by…

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Cryptocurrency and blockchain bring Asia funds to the forefront of U.S. tech

Since early 2017, there’s been a new trend in the U.S. where a number of Asian funds have been actively involved in early-stage crypto investing….

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Posted in Alibaba alibaba group asia carsharing China Collaborative Consumption didi Didi Chuxing driver Ele.me law enforcement Meituan Meituan-Dianping mobike Tech transport Uber Vice President

China’s Didi suspends carpooling service after another female passenger is mudered

Chinese ride-hailing firm Didi Chuxing, the $60 billion-valued company that bought out Uber’s China business, has suspended its carpooling service after the murder of a…

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Posted in Alibaba alibaba group asia carsharing China Collaborative Consumption didi Didi Chuxing driver Ele.me law enforcement Meituan Meituan-Dianping mobike Tech transport Uber Vice President

China’s Didi suspends carpooling service after another female passenger is murdered

Chinese ride-hailing firm Didi Chuxing, the $60 billion-valued company that bought out Uber’s China business, has suspended its carpooling service after the murder of a…

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Posted in 99 apps asia auto carsharing China Collaborative Consumption didi Didi Chuxing Fundings & Exits Softbank SoftBank Group Tech transport Uber

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

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

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Fast-growing Chinese media startup ByteDance is raising $2.5B-$3B more

Fast-growing Chinese media startup ByteDance is looking to raise as much as $3 billion to continue growth for its empire of mobile-based entertainment apps, which…

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India’s Uber rival Ola is headed to Europe with ride-hailing launch in the UK

The UK is getting a new alternative to Uber after India-based ride-hailing company Ola announced plans to expand to the country, which will become its…

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Posted in 99 artificial intelligence asia Australia booking holdings Brazil car sharing carsharing China Collaborative Consumption didi Didi Chuxing food delivery Japan Mexico Softbank SoftBank Group taiwan Tech transport Uber

China’s Didi pumps $1B into its rebranded driver services business

Didi Chuxing is going pedal to the metal for its automobile services business after it announced it will invest $1 billion into the division, which is also…

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Grab picks up $2 billion more to fuel growth in post-Uber Southeast Asia

Grab, the ride-hailing service that struck a deal to take Uber out of Southeast Asia, has announced that it has pulled in $2 billion in…

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