Meituan reportedly targets $55B valuation for Hong Kong IPO, leading to concerns that may be too high
Posted in Alibaba China Fundings & Exits hong kong Meituan Meituan-Dianping O2O TC Tech Tencent

Meituan reportedly targets $55B valuation for Hong Kong IPO, leading to concerns that may be too high

Meituan-Dianping is reportedly aiming for a $55 billion valuation in its upcoming initial public offering in Hong Kong, but the company’s net losses and increasing…

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

Read Moar