The Chinese government announced it will reform the transportation industry to safeguard passengers, three days after a female passenger was allegedly raped and murdered by a Didi Chuxing driver last Friday.
Provinces and autonomous regions are now tasked with setting up passenger safety...
You’ve probably already heard of China’s Didi Chuxing. It’s the ride-hailing firm best known for driving Uber off China’s streets.
It is now also the world’s largest ride-hailing app, and with its worth currently at $56bn (£39.4bn), it is also the world’s most valuable start-up.
But how much...
Uber is set to merge its China unit with rival Chinese ride hailing service Didi Chuxing, in a deal that would value the combined company at $35 billion.
Didi will buy Uber’s brand, business and data in the country, the Chinese company said in a statement.
Uber Technologies and Uber China’s...
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