Didi Chuxing Technology News

Uber’s London License Ban Marks Global Regulatory Backlash for Ride-Hailing Firms

Uber Technologies Inc. and its rivals disrupted global transport, riding on a lack of regulation to drive exponential growth. Now, regulators are closing in. London’s transport authority banned Uber for a second time on Monday, citing concerns about customer safety …

Rideshare Firms Eye New Safety Measures for Riders, Drivers

If you sit in an Uber car for too long, the ride-hailing company plans to check up on you to make sure all is OK. That’s one of several new features Uber Technologies Inc. unveiled on Wednesday meant to make …

China’s Largest Ride-Hailing Firm Didi Suspends Service After 2nd Passenger Killing

China’s largest ride-hailing company Didi Chuxing has suspended its carpooling service after a passenger was killed, and is likely to face tighter oversight that will squeeze driver numbers and extend customer waiting times. The incident, which follows a similar grisly …

Billionaire Chief of SoftBank Bets on Autonomously Driven World: Opinion

It has almost become a refrain: just what is Masayoshi Son up to? After plowing money into companies as diverse as Uber Technologies Inc., office rental specialist WeWork Cos Inc. and fintech lender SoFi, the billionaire chief of SoftBank Group …

China’s Ride-Hailing Firm Didi Raises $4B to Expand Overseas, Challenging Uber

Chinese ride-hailing firm Didi Chuxing Technology Co. on Thursday said it has raised $4 billion in funds earmarked for expansion overseas and into areas such as artificial intelligence (AI), as it looks to challenge Uber Technologies Inc. The fundraising values …