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1 min read
Didi has fallen a stunning 52% since its US IPO as China's crackdown pummels the ride-hail giant
Shares of US-listed Chinese companies are taking a beating as Beijing ramps up its security probe o…
Ethan Wu
2 mins read
Uber slides 4% on report SoftBank will shed a third of its stake in the ride-hailing app
China's recent crackdown on ride-hailing app Didi has reportedly cost SoftBank, its largest shareho…
Shalini Nagarajan
1 min read
Here’s how Uber’s merger with Didi Chuxing will impact its business in India
As per the deal, China continues to be a tough market for US-based companies, but it could give the…
1 min read
Low-cost and luxury rides aside, Ola now has finance too to give Uber a tough competition
Not only this, it has also increased focus on customer experience, and not to forget, it brought on…
2 mins read
Video of an Uber ride is all the rage on TikTok and Instagram — the driver got himself a cockpit covered in plastic
Calling an Uber won’t be the same anymore once the lockdown lifts. Drivers in India are going to be…
1 min read
Uber is merging with Chinese rival Didi - here are 3 things Didi plans to do next
The news comes a few months after Didi received a $1 billion investment from Apple. The company ave…
Danielle Muoio
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’…
2 mins read
Ola-Didi Kuaidi to take on Uber together
Didi's investment in Bangalore-headquartered Ola comes close on the heels of it picking up stakes…
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…
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
Stripe hit a $95 billion valuation, leapfrogging SpaceX, Instacart, and Didi Chuxing on the leaderboard of tech giants
Stripe's new $600 million fundraise makes it the most valuable private company in Silicon Valley, a…
Kate Duffy
6 mins read
Dara Khosrowshahi hits the kill switch on Uber's moonshots
In this week's edition of Insider Tech we look at Uber's spinoff spree, Elon Musk's wish for a Mars…
Alexei Oreskovic
4 mins read
Exclusive: Uber’s product and technology is superior than any competitor, be it a Didi, Ola or Lyft, says Uber India Head Amit Jain
Uber entered the Indian market in 2013 and is currently present in 27 cities. It’s aggressive prici…
2 mins read
Here's what made Didi finally want to merge with Uber in China
Chinese scammers began ripping off both Uber and Didi by creating fake driver accounts and fake rid…
Avery Hartmans
2 mins read
One chart that shows why Uber had to strike a deal with Didi in China
The survey did point out that Uber was making progress in China, slowly but surely. The data shows …
Avery Hartmans
3 mins read
Uber loses its Asia Pacific head Amit Jain on its way to Wall Street
Days before the $100-billion IPO, Uber’s Asia Pacific business head Amit Jain has quit and Pierre-D…
3 mins read
Uber is going public at a $90 billion valuation
The ride-hailing giant says it plans to offer 180 million shares at a price between $44 and $…
Theron Mohamed
2 mins read
Uber investors are getting nervous about the fight with China's Didi and want to call a truce
Didi Kuaidi is operating in over 400 Chinese cities whereas Uber has set a goal of hitting 100 by t…
Biz Carson
2 mins read
Uber China employees learned about the Didi merger when they got in the office and couldn't access their email
Many Uber employees are now concerned about the major differences in company culture between Didi a…