Didi Chuxing

China's ride-hailing decline hurting car sales: report

[BEIJING] The use of ride-hailing apps is declining in China as operators scale back incentives for drivers, contributing to the slowdown in car sales in the world's biggest auto market, according...

WeWork was more black swan than unicorn for SoftBank

[TAIPEI] SoftBank Group Corp's WeWork debacle is unlikely to be repeated. It also means that for the Vision Fund to deliver venture capital-size returns, it'll need to rely on singles and doubles...

China's Didi raises $4 bn to fund global turf war with Uber

[SHANGHAI] Chinese ride-sharing firm Didi Chuxing said Thursday it had raised US$4 billion from investors, months after a funding round that made it Asia's most valuable startup, as it presses on...