Checkout
Cart: £0.00 - (0 items )

Reliance Jio Platforms to sell additional $600 million stake to Silver Lake

Reliance Jio Platforms to sell additional 0 million stake to Silver Lake Silver Lake is doubling down its bet on India’s Reliance Jio Platforms. The U.S. private equity firm said Friday it is buying an additional stake worth $600 million in the top Indian telecom operator, which has now raised $12.2 billion in less than […]

Read More

China Roundup: Ant Financial’s new boss and Tencent’s army of new apps

China Roundup: Ant Financial’s new boss and Tencent’s army of new apps Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, we are looking at what Ant Financial’s executive shakeup could give […]

Read More

China’s Didi to relaunch Hitch carpooling service this month

China’s Didi to relaunch Hitch carpooling service this month Chinese ride-hailing firm Didi Chuxing said today it will conduct a trial relaunch of its Hitch carpooling service in seven major Chinese cities with additional safety features by end of the month, more than a year after suspending the service following the murder of a female […]

Read More

Didi Chuxing’s autonomous driving unit is now an independent company

Didi Chuxing’s autonomous driving unit is now an independent company Didi Chuxing’s autonomous driving unit is now an independent company, the Chinese ride-sharing and transportation giant said today. Didi’s autonomous driving team was created in 2016 and now has more than 200 employees in China and the United States. Didi’s announcement comes about a month […]

Read More

Didi Chuxing and oil giant BP team up to build electric vehicle charging infrastructure in China

Didi Chuxing and oil giant BP team up to build electric vehicle charging infrastructure in China Ride-sharing and transportation platform Didi Chuxing announced today that it has formed a joint venture with BP, the British gas, oil and energy supermajor. to build electric vehicle charging infrastructure in China. The charging stations will be available to […]

Read More

Daily Crunch: Toyota backs Didi Chuxing

Daily Crunch: Toyota backs Didi Chuxing The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Toyota invests $600 million in Didi, with the two setting up a new joint venture […]

Read More

Toyota invests $600 million in Didi, with the two setting up a new joint venture for driver services

Toyota invests 0 million in Didi, with the two setting up a new joint venture for driver services Didi Chuxing announced today that it has received new investment totaling $600 million from Toyota Motor Corporation. As part of the deal, the two companies will also set up a joint venture with GAC Toyota Motor to […]

Read More

Microsoft in talks to invest in SoftBank’s second Vision Fund

Microsoft in talks to invest in SoftBank’s second Vision Fund SoftBank is said to be preparing the announcement of a $40 billion investment in its second Vision Fund, according to a new report from The Wall Street Journal. News of the mammoth investment comes after weeks of rumors the Japanese telecom giant was struggling to […]

Read More

Hellobike, survivor of China’s bike-sharing craze, goes electric

Hellobike, survivor of China’s bike-sharing craze, goes electric Just two years ago, investors were heavily pouring money into China’s dockless bike-sharing startups. Now that boom has busted with derelict bikes littering the streets of cities. Meanwhile, a new race has started for two-wheelers with motors — and one of the main players is a survivor […]

Read More

China’s Didi removes 300,000 drivers amid safety overhaul

China’s Didi removes 300,000 drivers amid safety overhaul 2018 was the year when Didi Chuxing, the ride-hailing company that defeated Uber in China, vowed to put safety ahead of rocket-ship growth after two deadly passenger incidents. One way it works to ramp up safety is a stricter vetting process for drivers. The mobility giant said […]

Read More

Back to top