Weibo, China’s Twitter-esque social network, has invested US$142 million into China’s biggest taxi app startup.
Didi Kuaidi is giving away a fortune in free rides across China in the hopes of weakening its competitors.
A mass protest by cab drivers in Luoyang led to Didi Dache and Kuaidi Dache offices in the city being closed by officials.
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.
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.
China-based taxi hailing app Kuaidi Dache confirmed today that it has secured US$600 million in funding.
Here’s our full list of Alibaba’s investments and acquisitions so far this year, according to ITJuzi’s database and our own archives.
As we approach the end of 2014, we can see that the year has been a monumental one for China’s leading startups.
When it comes to taxi apps in China, there are really only a couple worth mentioning. But of those, Joe C. Lee is sure that Kuaidi Dache, the company he helped ...
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 Analys...
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 ...
Soon-to-go-public Chinese car rental agency eHi buys $25M stake in top taxi hailing app Kuaidi Dache
An updated prospectus from Chinese online car rental agency eHi shows the company in April bought an 8.4 percent stake in taxi hailing app Kuaidi Dache for US$2...
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.