You Searched For "Cheng Wei" and got 18 results
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1 min read
Here’s why Uber’s Kalanick should fear Softbank founder Masayoshi Son
In the past, Son has convinced the Saudi Arabian government to fund $45 billion in SoftBank Vi…
2 mins read
Uber’s now got a huge ace up its sleeve in India with Didi Chuxing on-board
To kick this off with a few basic facts of the much-touted deal. Uber China has merged with China’…
3 mins read
Rural men in China say they're too poor to afford the massive dowries expected of them. People on social media say it's just an excuse.
One rural worker said dowries in his region had grown to $70,000, per state media. That's about 25 …
Matthew Loh
4 mins read
Scientists found more than 1,000 AI spam bots trying to scam people and steal their social media profiles and regulators can't keep up
Social media is being flooded with spammy AI content. Research by Indiana University details how ar…
Shubham Agarwal
1 min read
Didi climbs following report Beijing's city government is seeking control of the ride-hailing company
Municipal investment in the ride-hailing app would give state-run firms control of Didi.
Carla Mozée
2 mins read
China's biggest ridehailing company will bar female passengers from using its carpooling service after 8 p.m. after 2 women were murdered
Didi did not explain the exact logic behind the curfew for women in its press release, and the comp…
Isobel Asher Hamilton
1 min read
Uber's old rival in China wants to build a self-driving car
In an interview with Bloomberg, Didi founder and CEO Cheng Wei said he is hunting for data scientis…
Danielle Muoio
2 mins read
Citigroup just announced 137 new managing directors in its trading and dealmaking unit - we got a hold of the internal memo with all the names
"A promotion to Managing Director is a career-defining accomplishment. Each of these individuals ma…
Alex Morrell,Trista Kelley
2 mins read
The CEO of Uber's biggest rival in China told Travis Kalanick that he is his 'inspiration'
Didi Kuaidi is bigger than Uber in China, employing 4,000 drivers over Uber's 200. Though it still …
Lucy England
2 mins read
Hot crypto company Blockchain is opening in San Francisco after acquiring a small app building shop
Blockchain raised $40 million last June and has expanded rapidly since then. The company has double…
Oscar Williams-Grut
1 min read
The head of China's biggest brokerage is now being investigated
According to state-run Xinhua News Agency, managing directors Xu Gang and Liu Wei have already admi…
Lucinda Shen
1 min read
Its World vs Uber: Ola ties up with 3 of the world’s largest taxi hailing apps!
This move will allow passengers to book rides on any of these services using just one app! This mea…
2 mins read
The father of the iPod is teaming up with the biggest car company you've never heard of
"We thought we needed to get a broader perspective, it would be good to have a fresh set of eyes fr…
Kif Leswing
2 mins read
The internet is mesmerized by footage of a slimy, green, worm-like creature attacking its prey
When the animal senses a prey organism nearby, a circular muscle layer around the proboscis sheath …
Caroline Moss
4 mins read
Citigroup CEO Michael Corbat sent out an internal memo congratulating the bank's new class of managing directors - we got the entire list of 220 names
Individual divisions began announcing newly promoted MDs last Friday, including 137 in the firm's I…
Alex Morrell
3 mins read
Uber is getting dwarfed by its Chinese rival, which gives 3 million rides a day
Uber is increasingly ubiquitous internationally - it operates in more than 300 cities globally. It …
Maya Kosoff
4 mins read
This 24-year-old dropped out of college, won funding from Peter Thiel, then raised $480 million for his startup
The way Oyo works is by partnering up with smaller hotels, turning them into franchisees, and givin…