Ride-Hailing Ucar Invests in China Tesla-Challenger Startup

Meng Jing
South China Morning Post
Ucar, a ride-hailing app launched by Hong Kong-listed China Auto Rental (Car Inc), has led a 2.2 billion yuan (US$324 million) investment into a Tesla-challenger in China, making its foray into automobile manufacturing.

Ride-Hailing Giant Didi Finally Offers an English Language Option for Foreigners in China

Jon Russell
TechCrunch
There’s good news for foreigners living in, or visiting, China after Didi Chuxing — the local ride-sharing leader — added support for English language and overseas credit cards to its service for the first time.

Uber Slayer: How China’s Didi Beat the Ride-Hailing Superpower

Brad Stone and Lulu Yilun Chen
Bloomberg
“We felt like the People’s Liberation Army, with basic rifles, and we were bombed by airplanes and missiles.”

Mystery of China’s ‘Ghost Uber Drivers’

Sherry Fei Ju and Lucy Hornby
Financial Times
An eruption of creepy faces on driver profiles has spooked potential passengers

Caixin Media

08.22.16

What’s Next for Uber and Didi in China?

New regulations and a blockbuster merger between the industry’s largest players are reshaping the business landscape for China’s car-hailing app companies.And the landscape is widening as car-hailing companies, including Didi Chuxing Technology Co...

Conversation

08.03.16

What Does Uber’s Retreat Say About the Ability of U.S. Internet Innovators to Succeed in China?

Kaiser Kuo, Angela Bao & more
In early August, news broke that Uber would sell its China business to Didi Chuxing, its largest rival on the Mainland. Uber is just the latest in a series of tech companies—including Google, Twitter, and Amazon, among others—that found the Middle...

Uber’s China Exit

Wall Street Journal
China isn’t big enough for two ride-sharing companies....

Gig Economy Arrives in China (Officially); Ride-Sharing a Go

New York Times
A Cabinet document sets guidelines for registration, fares, employment of drivers and payments.

Environment

07.21.16

Chengdu’s Pollution Is Complicated by Taxi Apps

from chinadialogue
Research carried out by Peking University’s Statistical Science Centre and Guanghua School of Management found that Chengdu suffers from air pollution 88 percent of the time—even worse than Beijing at 76 percent.

Uber Backers Said to Push for Didi Truce in Costly China War

Alex Barinka, Eric Newcomer, and Lulu...
Bloomberg
Several institutional investors are pushing Uber to ink a partnership agreement with Didi Chuxing.

Uber Positions Its China App as More than a Ride-Hailing Service

Megan Rose Dickey
TechCrunch
Uber’s new vision for China includes two new offerings, UberLIFE and Uber + Travel, which will roll out across China this year.

Uber Rival’s $28 Billion Valuation Shows Size of China’s Ride-Sharing Market

Paul Mozer and Michael J. de la Merced
New York Times
Recent fund-raising rounds in the ride-sharing market show that China is one of the most expensive markets in the world.

Didi Chuxing, China’s Rival to Uber, Scores $7 Billion in New Funding

Juro Osawa
Wall Street Journal
The nation’s biggest ride sharing company succeeds in latest fundraising effort....

Insurance Firm China Life Puts $600M into Didi Chuxing Months after Backing Uber

Jon Russell
TechCrunch
It provides an equity investment of $300 million, and a separate “long-term debt investment” of RMB 2 billion ($305 million).

China’s Homegrown Rival to Uber Valued at Over $25 Billion

Juro Osawa, Kane Wu and Rick Carew
Wall Street Journal
Beijing-based Didi Kuaidi Joint Co. is close to completing its latest funding round to raise more than $1.5 billion.

China Minister Warns on Subsidies As Uber, Didi Battle

Agence France-Presse
Ride-booking services have threatened the old-style taxi sector and contributed to cab drivers' protests...

A Chinese CEO's Mysterious Disappearance and the Startup Industry

Josh Horwitz
Quartz
Li Dongpu, CEO and co-founder of car wash startup Wo Ai Xiche, has disappeared

Missing From The U.S.-China Tech Summit Class Photo: Uber, Google, And Women

Josh Horwitz
Quartz
Business leaders from some of the biggest global names in technology gathered in Seattle for a meeting with Xi Jinping.

Caixin Media

07.14.15

Uber CEO Enjoying a Fast China Ride

Demand for cross-town transportation is at the heart of an urban lifestyle that is defining modern China. It is also giving the American car-hire service Uber Technologies Inc. an incredible ride.Few are enjoying the ride more than Uber CEO Travis...

The Chinese Ride-Hailing Startup That’s Out-Ubering Uber

Davey Alba
Wired
Didi Kuaidi is taking on Uber for the title of largest ride-hailing company in the world’s largest country--or, Uber appears to be trying to unseat the homegrown favorite.

Uber Spends Heavily to Establish Itself in China

Paul Mozur and Mike Isaac
New York Times
Fat with almost $6 billion in venture capital, San Francisco-based Uber is doling out bonuses up to three times its fares.

Want to Hire a Private Car in China? There Will Be No App for That

Bonnie Cao and Huang Zhe
Bloomberg
“Banning private cars from using the apps will put passengers at ease,” the ministry said. “But apps for premium car services have an innovative service model and play a positive role in meeting the high-end and differentiated transportation market...

China’s Baidu Set to Partner with Uber and Reportedly Invest up to $600M

Jon Russell and Catherine Shu
TechCrunch
If Baidu does put money into Uber, it will be a significant expansion of its international portfolio of products and investments. Baidu has focused on emerging markets, including Southeast Asia, Egypt and Brazil, where it recently acquired e-...