Didi and Kuaidi have together rolled out Yihao Kuaiche, a low-cost ridesharing service that marks their first dual collaboration.
China's tech titans used to trample local startups, but now they're offering funding as they seek out partnerships.
China’s startups pulled in well over US$7.5 billion in investment cash in 2014. After all that, let's see who are now the top-funded startups.
The future of ridesharing and transportation apps in China remains unknown.
Alibaba and Tencent ramped up the taxi-booking battle in China by incorporating the startup services in their own mobile apps.
The merger puts Didi Dache and Kuaidi Dache on a collision course with Uber for global domination.
Line's entry into the on-demand taxi industry could be a big hit in Japan. But what does that mean for the rest of Asia?
Tencent participated in nearly three dozen funding rounds this year alone, about half of which were seed, series A, or series B rounds.
As we approach the end of 2014, we can see that the year has been a monumental one for China’s leading startups.
Chinese taxi app Didi Dache revealed today that it has secured US$700 million in fresh, series D funding. This dwarfs the US$100 million it netted at the start of the year. The new investment was led ...
China's taxi app market is big and getting bigger, but it's not all that diverse. In fact, two apps account for more than 99% of the market, according to Analysis International.
There are secrets that are broken; there are secrets taken to the grave; there are state secrets for which people are hanged for betraying – and then there are the valuations of Chinese startups. Whil...
If you run a startup that has anything to do with cars in China, then there’s a pretty good chance you got funded recently.
China’s on-demand transportation startups are dominated by two companies focusing on taxi rides, but today, one of them is going upmarket. Kuaidi Dache, best known for its cab-hailing app, will releas...
China’s most popular taxi-hailing startups have long suffered jabs from government bureaus, as is common among transportation network companies (TNCs) around the world. But now, thanks to a proposal f...
More trouble for China's taxi apps as Suzhou’s transportation department outlaws all private-sector taxi booking apps such as Tencent-backed Didi Dache and Alibaba-invested Kuaide Dache
We’re all used to tapping on an app to help us find our way or book tickets for a trip, but the newest wave of transportation apps go far beyond that.