Didi Chuxing
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Facebook commits $20M to UNF, WHO and CDC to tackle COVID-19
Facebook said on Friday that it is committing to match $20 million in donations, a tiny fraction of its quarterly…
Read More » - STARTUPS
SoftBank-backed Getaround is raising $200M at a $1.5B+ valuation
Getaround, a used car marketplace and winner of TechCrunch Disrupt New York Battlefield 2011, will enter the unicorn club with…
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Hellobike, survivor of China’s bike-sharing craze, goes electric
Just two years ago, investors were heavily pouring money into China’s dockless bike-sharing startups. Now that boom has busted with…
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China’s Didi removes 300,000 drivers amid safety overhaul
2018 was the year when Didi Chuxing, the ride-hailing company that defeated Uber in China, vowed to put safety ahead…
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From seed to Series A: Scaling a startup in Latin America today
Nathan Lustig Contributor Nathan Lustig is an entrepreneur and managing partner at Magma Partners, a seed-stage investment fund in Santiago,…
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China’s Didi reportedly lost a staggering $1.6 billion in 2018
China’s largest car-hailing company is facing relentless pressure from all fronts. Beijing-based Didi Chuxing reportedly lost a staggering 10.9 billion…
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The end of China’s ride-sharing gig
Over the last few years, millions of Chinese workers managed to earn extra money by being ride-hailing drivers. Many picked…
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BMW’s premium ride-hailing service is now live in China
BMW has joined a handful of automakers to compete with transportation upstart Didi Chuxing, which bought Uber’s Chinese business in…
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Meituan, China’s ‘everything app’, walks away from bike sharing and ride hailing
A major player in the race to transport Chinese people around is losing steam. Meituan Dianping, the Tencent-backed all-encompassing platform…
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