Tuesday, June 18, 2024

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Didi

GAC Boosts Investment in Didi’s Auto Driving Venture with up to $1.49 Billion

According to China’s 21jingji.com, Guangzhou Auto Group (GAC) announced on October 12th that its board of directors has approved an investment of up to...

Xpeng to acquire Didi’s EV business, plans to launch new brand codenamed ‘Mona’ in 2024

The first model in the "Mona" program will be an A-class EV, to be launched in 2024 to expand into the popular RMB 150,000...

Didi’s Car-Sharing Arm Reportedly Goes Bankrupt

On the evening of July 25, a screenshot related to Didi’s ongoing bankruptcy audit was leaked by an accounting firm employee. On Chinese social...

Didi Recruiting for Car Manufacturing Team

Chinese financial news site Yicai reported on Tuesday that an R&D employee from an assembly plant said he recently received recruitment offers from ride-hailing...

Didi reportedly could announce car-making plans in June

Didi's first model could be priced at around 150,000 yuan ($23,582) and aim for delivery in June next year, according to local media. Didi Chuxing...

Didi Starts Massive Layoffs Covering Nearly All Departments

Chinese media outlet LatePost reported on Monday that Didi Inc., the Chinese ride-hailing giant, is now implementing the company’s long-rumored layoffs. One Didi employee...

China’s Burgeoning Autonomous Driving Market

Autonomous driving is the future, and when it comes to autonomous driving solutions, Baidu Apollo has always attracted much attention. With Baidu's support, Apollo...

Chinese Regulators Summon 11 Ride-hailing Firms Over Illegal Behavior

On Wednesday, five Chinese regulators have summoned and interviewed 11 ride-hailing firms, including Didi Chuxing and Shouqi, asking them to rectify illegal operation problems...

“Traitor” and “Evil Capitalist” Allegations Fuel a Perfect Storm for Didi

Chinese leading ride-hailing platform Didi has seen a dramatic fall from the heights of its $4.4 billion IPO in New York to its disappearance...

Didi Removed from App Stores, User Registration Suspended

As of the evening of July 4, Didi Chuxing, the Chinese online ride-hailing giant, has been accused of the serious illegal collection of personal...

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