BYTON has signed an agreement with Marubeni Corporation on December 5, making the Japanese company an investor in BYTON’s ongoing Series C funding.
On November 9, a seemingly mundane Didi ride in the Chinese city of Nanjing spiraled out of control resulting in the passenger and driver coming to blows.
On November 8, Didi decided to implement the same curfew for both male and female passengers, banning both from ride-hailing on Hitch after 8pm.
China’s ride-hailing behemoth Didi Chuxing announced on September 24 that its English language interface in China, DiDi English, has served more than 2 million users across 430 cities in China since its launch in 2017.
It has been 325 days since Didi’s Hitch service was suspended. On July 18, DiDi held a press conference, focusing on issues concerning its Hitch business.
Almost three years after Didi emerged triumphant in the war for the Chinese market, the two ride-hailing companies have again clashed over emerging markets like Latin America. As Uber and Didi are at different stages in their development, with different strategies, the key question is: what's next in the race for global mobility domination?
Following the recent rape-and-murder case, Didi, the ride-hailing giant in China, announced the launch of a safety rectification plan on September 4, suspending all late-night ride-hailing services across the platform for a whole week.
China has rapidly developed into the world’s long-standing leader in mobile payments. Foreigners visiting China are always surprised by the prevalence of convenient mobile payments. In recent years, Alibaba and Tencent has accelerated their overseas development, especially in Southeast Asia.
Chinese consumers commonly order takeout with Meituan and hail rides with Didi. Yet, the two seemingly unrelated apps will start to compete with each other. Meituan will unveil ridesharing service on March 21 in Shanghai, while Didi will finalize preparations for the launch of its takeout business.