| Date | Title | Description |
| 30.05.2020 | Didi Chuxing Raises Over $500 Million For Autonomous Driving Operations Led By SoftBank | China-based ride-sharing Didi Chuxing company has raised over $500 million in funding for its autonomous driving operations led by SoftBank’s Vision Fund 2
China-based ride-sharing Didi Chuxing company has raised over $500 million in fundin... |
| 29.05.2020 | CHINA BRIEF | Didi Chuxing’s autonomous driving unit closes USD 500 million round led by SoftBank | Chinese ride-hailing giant Didi Chuxing has secured more than USD 500 million in a SoftBank Vision Fund 2-led fundraising round for its autonomous driving subsidiary, the company announced on Friday.
Didi’s autonomous driving unit was initi... |
| 17.01.2020 | Didi challenger Dida Chuxing plans to raise USD 300 million in pre-IPO round | Chinese ride-hailing company Dida Chuxing is looking to raise up to USD 300 million in a pre-IPO round, as reported by Bloomberg, citing people familiar with the matter.
Dida has started to raise capital since August 2019, according to Chin... |
| 26.07.2019 | Toyota Invests $600m in DiDi Chuxing | [from left to right] Stephen Zhu, Senior Vice President of Didi Chuxing; Shigeki Tomoyama, Executive Vice President of Toyota Motor CorporationToyota Motor Corporation and Didi Chuxing have expanded their collaboration in Mobility as a Serv... |
| 25.07.2019 | Toyota to invest USD 600 million in Didi Chuxing and their Japanese JV | Didi Chuxing, China’s largest ride-hailing platform, revealed in a press release on Thursday an agreement with Japanese automaker Toyota to expand collaboration in Mobility as a Service (MaaS) in China.
As part of the deal, Toyota Motor Cor... |
| 12.03.2019 | SoftBank will invest another USD 1.6 billion in Didi Chuxing | SoftBank’s founder and CEO Masayoshi Son revealed in an interview with CNBC that the company is injecting an additional USD 1.6 billion into Didi Chuxing, its third investment following earlier rounds.
Didi received capital worth almost USD... |
| 17.07.2018 | Travel giant Booking invests $500M in Chinese ride-hailing firm Didi Chuxing | Didi Chuxing, China’s largest ride-hailing company, has pulled in some strategic capital after Booking Holdings invested $500 million into its business.
The deal will see Booking Holdings — which was formerly known as Priceline — work close... |
| 17.07.2018 | Didi Chuxing raises $550 Mn from Booking Holdings, plans to nip rivals in bud | The Chinese ride-hailing platform Didi Chuxing received a shot in the arm after receiving a funding of $500 million from U.S. travel firm Booking Holdings Inc.
The Chinese ride-hailing app has received the investment at a time when it is pl... |
| 26.06.2018 | Deals | China Renaissance the bank helps create Didi Chuxing files for $800m HK IPO | China Renaissance, China’s boutique investment bank, filed Monday with the Hong Kong Exchanges and Clearing (HKEX) for an upcoming IPO tipped to be as early as October this year.
BAO Fan, the founder and CEO of China Renaissance, has reveal... |
| 22.12.2017 | Kr-Asia Daily: Didi Chuxing mopped up $4 Billion Investment to expand in AI, global market presence and EVs | China’s biggest ride-hailing company Didi Chuxing has raised $4 Billion Investment, raising its cash reserves up to $12 billion. This move comes as the ride-hailing behemoth seeks to expand its presence in the global market.
Kr-ASIA Daily i... |
| 21.12.2017 | Chinese ride-hailing giant Didi Chuxing raises $4 billion for AI push and international expansion | Didi Chuxing has announced another gargantuan equity funding round, this one to the tune of $4 billion.
This latest round comes just eight months after the Chinese ride-hailing company raised $5.5 billion, which came a year after a $7.3 bil... |
| 20.12.2017 | China’s Didi Chuxing raises $4B more for AI, international expansion and electric vehicles | China’s Didi Chuxing, the country’s top ride-hailing company, said today that it has raised $4 billion in new capital to support a range of new initiatives including international expansion.
The company has already raised $13 billion from i... |
| 10.05.2017 | Term Sheet — Wednesday, May 10 | POLITE AND HOSPITABLE
New money: Obvious Ventures has officially closed its second fund with $191,919,191 million in commitments. (A filing from last month revealed a first close.) The firm’s first fund featured a numeric joke – it had $123... |
| 03.05.2017 | How SoftBank became tech’s phantom buyer | SoftBank is making quite a name for itself, but in ways it might not expect. Hardly a week has passed in 2017 when a headline hasn’t reported that SoftBank — the multinational conglomerate currently raising a stunning $100 billion fund — is... |
| 01.05.2017 | Didi Chuxing Raises US$5.5 Billion Funding | Didi Chuxing, a Chinese taxi hailing company, raised US$5.5 billion round of funding.
Following the close, Didi is valued at US$50 billion.
According to Bloomberg, the backers were SoftBank Group Corp., Silver Lake Kraftwerk, China Merchant... |
| 28.04.2017 | Didi Chuxing, the Uber of China, confirms $5.5B raise for global and AI push | After weeks of reports that Didi Chuxing, the Uber of China, was raising another monster round of funding, today the company confirmed the close: it has raised a fresh $5.5 billion, it said in a statement today, to continue global expansion... |
| 28.04.2017 | Chinese ride-hailing giant Didi Chuxing raises $5.5 billion to build a ‘sustainable global mobility ecosystem’ | Rumors have been circulating for the past month that Didi Chuxing was homing in on a mammoth new funding round, and today the Chinese ride-hailing titan confirmed that it has indeed closed a gargantuan $5.5 billion financing round.
The mone... |
| 28.04.2017 | Didi Chuxing of China raises over $5.5 billion, world’s largest funding round | The funding round was said to have raised Didi Chuxing’s valuation to about $50 billion, up from a previous $34 billion after its acquisition of Uber Technologies Inc.’s China business. Photo: Reuters Didi Chuxing of China raises over $5.5 ... |
| 27.04.2017 | China’s Didi Chuxing is raising up to $6 billion at a valuation of over $50 billion | Didi Chuxing, the on-demand giant that drove Uber out of China, is set to become the world’s second-highest valued tech startup.
Beijing-based Didi is in the process of raising a round that could reach as high as $6 billion at a valuation t... |
| 27.04.2017 | Term Sheet — Thursday, April 27 | PETER PAN NEVER HAD TO GROW UP
The following article is from Fortune’s latest issue.
Paid Content What you need to know about growing cyberattacks From ExtraHop
They’re so exuberant, one VC even declared on CNBC that this year “could be one... |
| 28.03.2017 | China ride sharing giant Didi Chuxing mulls $6 billion SoftBank-backed investment: Report | Chinese ride sharing firm Didi Chuxing is considering a $6 billion investment backed by Japan's SoftBank Group Corp, as it looks to take on global rivals such as Uber Technologies Inc, Bloomberg reported on Tuesday citing sources familiar w... |
| 27.03.2017 | Didi Chuxing is reportedly considering a $6 billion investment backed by SoftBank Group | Didi Chuxing, the largest ride sharing app in China, is deliberating a proposed $6 billion investment backed by SoftBank Group, according to a report in Bloomberg.
Bloomberg says that if completed, “the funding would be the single largest f... |
| 01.08.2016 | Didi Chuxing to acquire Uber in China | Deal leads to another $1 billion investment for Uber's global business, sources say
Massive news out of the ride-hailing industry today.
Uber and Didi Chuxing—up to now the largest, most financially capable rival to Uber in China—have annou... |
| 01.08.2016 | Didi wins, Uber retreats, but Chinese riders and drivers lose | No one wants to fight a land war in Asia, not even Uber . It could have burnt mountains of cash battling for market share with local ride app juggernaut Didi Chuxing, between marketing, discounts, and driver incentives.
Instead, Uber surren... |
| 01.08.2016 | Didi Chuxing, China’s answer to Uber, buys UberChina | Didi Chuxing reader comments 18 with 14 posters participating
Share this story
Share on Facebook
Share on Twitter
Share on Reddit
Uber and its primary Chinese on-demand car service rival, Didi Chuxing, have finally buried the hatchet in a l... |
| 22.06.2016 | Uber China Hopes To Gain Market Share By Entering Travel Industry | Travis Kalanick, CEO of Uber, smiles as he attends a press conference in Beijing on January 11,... [+] 2016, announcing Uber's partnership with Hainan Airlines. (Credit: WANG ZHAO/AFP/Getty Images) |
| 16.06.2016 | Uber’s China rival Didi Chuxing closes $7.3 billion funding round | Didi Chuxing has confirmed the full extent of its latest funding round, just as Uber’s main rival in China announced it has raised a whopping $7.3 billion from a number of notable investors.
Some of the elements of Didi’s financing were ann... |
| 16.06.2016 | Why Uber’s Chinese nemesis Didi Chuxing just raised $7 billion more | Sometimes the world of tech news makes you sit back in disbelief and wonder what can happen next.
There was once a time, long in the past, when Uber raising a billion dollars in funding stood out as a huge topic of discussion, a landmark of... |
| 16.06.2016 | Chinese ride-hailing service Didi Chuxing raises $7.3 billion | Chinese ride-hailing service Didi Chuxing, the main local competitor for Uber Technologies Ltd, said Thursday it has raised $7.3 billion from investors, adding to intensifying rivalry in the market.
Investors in the latest financing round i... |
| 15.06.2016 | China's Didi Chuxing raises $7.3 billion in new funding | By Reuters Staff
1 Min Read
Slideshow ( 2 images )
(Reuters) - Chinese car-hailing app Didi Chuxing Technology Co said it raised $7.3 billion in its latest round of funding, including $4.5 billion from new and existing investors, as it batt... |
| 15.06.2016 | China's Didi Chuxing Raises $7 Billion in New Funding | June 15, 2016 1 min read This story originally appeared on Reuters
Chinese car-hailing app Didi Chuxing Technology Co. has raised $7 billion in its latest fund raising effort, the Wall Street Journal reported, citing people familiar with th... |
| 15.06.2016 | Didi Chuxing completes $7.3B financing round that includes Apple’s $1B investment | Didi Chuxing, the largest ride-hailing app in China, confirmed today that it has closed a $7.3 billion financing round that includes its recent investments from Apple and China Life. The news was first reported by the Wall Street Journal, w... |
| 13.06.2016 | China's Uber Rival Didi Chuxing Raises $600 Million From China Life Insurance | June 13, 2016 2 min read This story originally appeared on Reuters
Chinese car-hailing app, Didi Chuxing, said on Monday it had received an investment of about $600 million from China Life Insurance Co. Ltd., boosting resources to fund its ... |
| 13.06.2016 | Uber’s China rival Didi Chuxing nabs cool $600M after taking on $1B from Apple | Didi Chuxing, Uber’s main rival in China, has received a $600 million investment from state-owned China Life Insurance, one of Asia’s biggest insurance companies. The fresh cash influx constitutes an equity investment of $300 million and a ... |
| 13.05.2016 | Apple invests $1 billion in Chinese ride-hailing service Didi Chuxing | By Julia Love
5 Min Read
(Reuters) - Apple Inc AAPL.O said on Thursday it has invested $1 billion in Chinese ride-hailing service Didi Chuxing, a move that Apple Chief Executive Tim Cook said would help the company better understand the cri... |
| 13.05.2016 | Didi Chuxing Receives $1 Billion from Apple | Didi Chuxing, a Beijing, China-based taxi-booking app and transportation platform, received USD$1 billion from Apple.
Through the investment, Apple has become a strategic investor of DiDi, joining Tencent, Alibaba and others.
The company wi... |
| 12.05.2016 | Apple invests $1B in Chinese ridesharing service Didi Chuxing | Apple has invested $1 billion in China’s ridesharing service, Didi Chuxing. The move will help Apple better understand the important Chinese market, according to a Reuters interview with Apple CEO Tim Cook.
This means that Apple is aligning... |
| 12.05.2016 | Apple invests $1B in Didi Chuxing, China’s largest ride-hailing app | Apple made the bombshell announcement today that it has invested $1 billion in China’s top ride hailing app. Didi Chuxing (formerly called Didi Kuaidi) is often described in U.S. media as Uber’s Chinese rival, but it already dominates the m... |
| 11.04.2016 | Lyft and Didi Kuaidi launching cross-platform service this week in U.S. | Lyft and Didi Kuaidi are gearing up this week to launch a public beta of its collaborative service in the U.S. for Chinese travelers visiting America. This is by way of interlinking APIs so that customers of one app can hail cars in the oth... |
| 20.01.2016 | Meituan-Dianping, China’s Largest Group Deals Site, Closes Massive $3.3B Round At $18B Valuation | Meituan-Dianping, China’s largest group deals site, confirmed that it has closed a colossal $3.3 billion round at a valuation of $18 billion. The company claims that this is the largest single funding round ever raised by a venture-backed I... |
| 18.01.2016 | Aggregate Venture Capital Deal Value Hits Record High in 2015 | |
| 21.12.2015 | Lyft Files To Raise As Much As $1 Billion | Lyft has authorized a Series F round in which it could raise as much as $1 billion, according to a report by Bloomberg, citing a Delaware state filing.
We hear that Credit Suisse is running the fundraise — the big banks are getting involved... |
| 08.12.2015 | Didi Kuaidi Strengthens Its Tech Alliances By Adding Yahoo Co-Founder Jerry Yang As Senior Advisor | Didi Kuaidi, the largest car-hailing app in China, announced today that it has added Yahoo co-founder Jerry Yang to its board as its senior advisor. In a statement, the company said Yang’s experience will help it build its mobile platform, ... |
| 03.12.2015 | Lyft, Didi, Ola And GrabTaxi Partner In Global Tech, Service Alliance To Rival Uber | As Uber ramps up its business globally with yet more money, four of its regional rivals are getting closer to each other in a bid for more scale and service continuity. Lyft in the U.S., Didi Kuaidi in China, Ola in India and GrabTaxi in So... |
| 18.11.2015 | Daily funding roundup - November 18, 2015 | Ola bagged $500M; Joyable raised $8M; Test IO landed $5M
TestCloud, a self-service crowdtesting platform for app and Web developers, has a new name and a big new round of funding, the company announced on Wednesday, all to facilitate a big ... |
| 11.10.2015 | China Proposes Stricter Laws Targeted At Ridesharing Apps Like Didi Kuaidi And Uber | China’s ministry of transportation has proposed new guidelines that would significantly increase the amount of power the government holds over ridesharing apps like Didi Kuaidi and Uber. If passed, the regulations may provide clarity for co... |
| 28.09.2015 | Daily funding roundup - September 28, 2015 | Kreditech raised $92M; Paintzen nabbed $7.2M; Simppler received $1.2M
If you're like me, your inbox is filled on a weekly basis with requests for references from recruiters seeking job candidates. Requests are often afforded a cursory look ... |
| 27.09.2015 | China’s Didi Kuaidi Confirms Investment In India’s Ola As Uber Rivalry Heats Up | More funding developments in the highly competitive world of car services. Didi Kuaidi, an Uber rival based in China, has today confirmed that it has invested in Ola, another Uber rival based out of India, as part of Ola’s latest round of f... |
| 23.09.2015 | LinkedIn And Uber’s China Rival Didi Kuaidi Ink Deal To Partner On Apps, R&D And Recruitment | LinkedIn took a step today to build up its presence in China, and China’s Uber rival Didi Kuaidi took a step to make more inroads into the U.S. tech industry: the two companies have signed a deal to form a strategic partnership covering pro... |
| 16.09.2015 | China’s Didi Kuaidi Put $100M Into Lyft, Inks Ridesharing Alliance To Rival Uber | Didi Kuaidi, Uber’s dominant Chinese rival, announced a deal with ridesharing startup Lyft today that will allow the two services to share riders across continents.
Didi confirmed an earlier investment of $100 million in Lyft’s latest round... |
| 09.09.2015 | Didi Kuaidi raises another $1B to kneecap Uber in China | The combined $3B round is the largest ever single venture backed round for a startup
The battle for supremacy among e-hailing services in China is heating up, and fast.
In the same week that Uber revealed that it has raised an additional $1... |
| 09.09.2015 | Daily funding roundup - September 9, 2015 | Didi Kuaidi scored $1B; Chef bagged $40M; Primus Power raised $25M
The battle for supremacy among e-hailing services in China is heating up, and fast. In the same week that Uber revealed that it has raised an additional $1.2 billion to expa... |
| 09.09.2015 | Funding Daily: Today’s tech funding news, in one place | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
Here’s a list of today’s tech funding stories, up... |
| 09.09.2015 | On-Demand Logistics Startup Lalamove Lands $10M To Fuel Its China Expansion | Lalamove, an on-demand logistics service that lets users hail delivery vans with an app, will expand into twelve new cities in China after getting $10 million in fresh funding. The round was led by MindWorks Ventures with participation from... |
| 09.09.2015 | Funding Daily: Today’s tech funding news, in one place | Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share. Sequoia Capital reportedly mulling new $800M India fund, may start raising October
The rumor mill is churning at full speed ... |
| 08.09.2015 | India’s Taxi-Hailing Firm Ola Adds Shuttle Service In A Bid For More Scale | While Uber dukes it out in China against Didi Kauidi, a homegrown rival in India is also piling pressure on the U.S.-based transportation app with global ambitions. Ola, a taxi app backed by the likes of Softbank and DST Global (coincidenta... |
| 08.09.2015 | Daily funding roundup - September 8, 2015 | Smile Telecoms Holdings bagged $365M; BlaBlaCar secured $160M; SetPoint Medical raised $43M
YouthKiAwaaz, an online news and views platform, has raised angel funding of Rs 4 crore ($600,000) from Quintillion Media, the cross-platform digita... |
| 07.09.2015 | Uber China raises $1.2B as rival Didi Kuaidi reportedly about to close $3B round | The car-hailing landscape in China is on absolute fire today, with reports coming in that both Uber and its main rival in the country, Didi Kuaidi, have together raised (or are very close to raising, in the latter’s case) a combined $4.2 bi... |
| 07.09.2015 | Uber Has Raised $1.2B More In China With Baidu Investing As Rival Didi Kuaidi Gets $3B | Uber — the app-based, on-demand transportation service — has been on has been on a fundraising tear as it expands globally in the face of major competition. China is the company’s latest battleground. Today, Uber confirmed that it has raise... |
| 07.09.2015 | Uber China raises $1.2B as rival Didi Kuaidi reportedly about to close $3B round | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
The car-hailing landscape in China is on absolute fire today, with reports coming in that both Uber and its main rival in the country, ... |
| 07.09.2015 | Didi Kuaidi raises $3 billion as rival Uber China brings in $1.2 billion | By Reuters Staff
2 Min Read
SHANGHAI (Reuters) - Chinese ride-hailing service Didi Kuaidi is set to raise about $3 billion through its latest fundraising round, said two people familiar with the matter, just as funding at the Chinese unit o... |
| 03.09.2015 | ‘You are my inspiration’: China’s Uber rival Didi to Uber CEO Kalanick | Well this is unexpected.
The chief executive of taxi-hailing app Didi Kuaidi, Uber’s main rival in China, reportedly told Uber founder Travis Kalanick that he was his “inspiration,” during a July 2014 visit to China.
At least, that’s accord... |
| 09.07.2015 | Temasek participates in $2b Didi Kauidi funding round | Premium
Temasek Holdings has participated in a $2 billion funding round in mainland Chinese Uber competitor Didi Kuaidi, which is present in more than 300 cities. This round of funding includes prior investors Alibaba Group and Tencent Hold... |
| 07.07.2015 | Daily funding roundup - July 7, 2015 | Didi Kuaidi announced $2B; Harry's closed $75.6M; Whipclip secured $40M
Didi Kuaidi, an e-hailing service in Asia, has now raised nearly $2 billion. Reports that the company was raising this round, sprung up late last month, and now have so... |
| 18.03.2015 | 8 Standout Startup Founders in Asia | Every day we read about the latest and largest investment in tech firms in The United States and the subsequent adoration of the startup leaders behind the companies. Recent reports indicate that this trend is now shifting in favor of an in... |
| 13.02.2015 | China’s Two Biggest Taxi Apps Reportedly Considering A Merger | Uber‘s China aspirations may hit a huge roadblock. Kuaidi Dache and Didi Dache, the country’s two biggest taxi-calling apps, are reportedly considering a merger. The Wall Street Journal reports that discussions are “advanced,” but still nee... |
| 09.12.2014 | Didi Dache, One Of China’s Two Dominant Taxi App Firms, Closes $700M Series D Round | Another large sum of money is going in Asia’s taxi app space following SoftBank’s $250 million investment in GrabTaxi and Uber’s latest Asia-focused $1.2 billion raise. That’s because Didi Dache, one of China’s two dominant taxi app firms, ... |
| 26.12.2013 | Chinese taxi app Didi expected to close $100M in funding from Tencent | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
Didi Dache (or Didi for short) reportedly is rais... |
| - | Ola’s Valuation Marked Up To $4.2 Bn After $50 Mn Investment From US Based Vanguard | Image Credits
It has been recently disclosed that US-based investment firm Vanguard had invested $50 Mn in Cab hailing app Ola in December 2015. At that time, the share value per share was $40,885.
According to recent filings of Vanguard wi... |
| - | After A Bumpy Three Years, Uber Continues To Drive Across India | The Indian cab aggregator industry has been the talk of the town. It has almost brought about a cultural change in the travelling habits of a nation which lists online taxi hailing platform Ola as one of its 11 unicorns.
San Francisco-based... |
| - | Apple invests $1 billion in Chinese Uber competitor Didi Chuxing | Reuters this evening reports that Apple is investing $1 billion in Chinese ride-hailing service Didi Chuxing. In a statement, CEO Tim Cook explained that the investment will give Apple a chance to learn more about certain segments of the Ch... |
| - | Uber India Pilots UberPASS In 4 Metro Cities To Entice More Riders | Image Credit
Uber India has started the pilot of UberPASS for its riders in selected metro cities. UberPASS service is similar to Ola Select.
UberPASS will allow the cab riders to get discounted fares and exclusive benefits. This includes c... |
| - | SoftBank Eyes Tiger Global Stake In Ola | Japanese investment firm SoftBank seems to be consolidating all of its bets in India. After Snapdeal, it’s time for Bengaluru-based cab aggregator Ola. As per a recent report by FactorDaily, SoftBank is in talks with Ola’s major stakeholder... |
| - | Uber China To Merge With Rival Didi Chuxing | Image Credits
Struggling to keep up with the competition in the Chinese Taxi market, Uber Technologies Inc. has decided to sell its China business to rival Didi Chuxing. Didi Chuxing is the dominant ride-hailing service in the country. The ... |
