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News
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Technology
DiDi Autonomous Driving lands $149M investment
By Linda Fox
|
October 12, 2023
The autonomous vehicle unit of DiDi plans to further its R&D and seek collaborations as part of its strategy to speed up the commercial use of autonomous driving technology.
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News
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Technology
Didi files for IPO at $65B valuation
By Linda Fox
|
June 14, 2021
The company has raised more than $21 billion in funding from a series of high profile investors including Softbank, Toyota, Booking Holdings and Apple.
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News
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Startups
Signs point north for travel startup funding in 2021
By Linda Fox
|
May 11, 2021
Travel startups have attracted multiple smaller investments in 2021, as well as one or two sizable ones, demonstrating interest has not faded away in supporting new businesses.
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News
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Startups
Hot and not in travel startup funding during pandemic-stricken 2020
By Linda Fox
|
December 18, 2020
Investments in travel startups slowed in 2020 but ground transportation and private accommodation remained in the spotlight.
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News
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Technology
Autonomous vehicles and natural language processing on travel's 2021 watchlist
By Linda Fox
|
December 9, 2020
A report from Lux Research tips 12 technologies to watch in 2021, with the travel industry already beginning to deploy a number of them.
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News
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Distribution
Didi Chuxing targets younger demographic with Huaxiaozhu ride-hailing service
By Linda Fox
|
July 23, 2020
Didi Chuxing has launched a cheaper ride-hailing service called Huaxiaozhu and targeting younger customers.
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News
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Technology
Didi gets $500M from SoftBank to develop autonomous driving technology
By Kevin May
|
May 30, 2020
Didi claims it is the single largest fundraising round in China for the autonomous vehicle industry. To-date Didi has raised $21.7 billion.
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News
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Distribution
VIDEO: How travel companies should think about Asia's super apps
By Linda Fox
|
December 10, 2019
Travel execs at The Phocuswright Conference 2019 discuss some of the interesting consumer purchase behaviors emerging on super apps in Asia.
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Notated News
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Online
Didi funnels $1B into its auto services business
By Jon Russell - TechCrunch
|
August 7, 2018
In just five years, Didi Chuxing has attracted $20.6 billion in funding - including a $500 million injection from Booking Holdings last month. As the Chinese ride-hail app gauges its next move,...
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News
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Online
Booking Holdings invests $500M in Didi ground transport platform
July 17, 2018
Didi Chuxing has caught the eye of Booking Holdings, with a $500 million capital injection and a major strategic partnership.
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News
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Technology
Booking Holdings invests half a billion dollars in DiDi
By Martin Cowen
|
July 17, 2018
Booking Holdings has invested $500 million in mobility giant DiDi Chuxing and announced a strategic partnership, based around cross-selling each other's inventory. This morning's statement said:
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From Our Partners
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Technology
China is becoming the main event in travel tech
By Sponsored Content
|
April 12, 2018
Sponsored by ITB. Technology has underpinned China's emergence as not only an important outbound travel market but also as the breeding ground for many of the digital and mobile innovations shaping
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News
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Startups
Venture capital investments in travel tech could hit record highs in 2018
By Mitra Sorrells
|
March 28, 2018
Startups creating solutions to make travel more efficient, frictionless and interconnected received a record amount of venture capital funding in 2017 – at $25.45 billion it was a substantial 32%...
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Notated News
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Technology
Didi targets rental alliance for electric cars
By Sarah Dai - South China Morning Post
|
February 8, 2018
Didi Chuxing, the dominant ride-hailing service operator in China, has formed an alliance with 12 carmakers to build an electric vehicle sharing network as it looks to move further into the country’s...
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News
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Startups
Ride-sharing app Cabify secures $160M funding
By Mitra Sorrells
|
January 24, 2018
A new round of funding and new app features are positioning Madrid-based ride-hailing service Cabify to put more pressure on Uber and other car services.
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