Chinese ride-hailing giant Didi Global on Wednesday said that both order volume and transaction value reached record highs during the three months through June. Orders in both China and overseas markets rose 17.4 per cent to nearly 3.9 billion, while gross transaction value (GTV) reached 96.3 billion yuan (US$13.5 billion), up 14.7 per cent from … Read more
The map service operated by Baidu reported a brief service breakdown on Wednesday afternoon, according to its users and customer service staff, causing small disruptions to the growing number of smart vehicle operations that rely on the app. The outage was fixed by around 4pm the same day, according to Chinese media National Business Daily. … Read more
Chinese ride-hailing giant Didi Chuxing, whose New York initial public offering (IPO) in 2021 triggered a cybersecurity investigation by mainland authorities that led to its delisting and a $1.2 billion fine, said it has no specific timing for its plans to float shares in Hong Kong. “The company has been maintaining regular communications with investors … Read more
Last Updated: April 02, 2024, 16:30 IST Ola Solo: No April Fool’s Joke, Just India’s First Autonomous Electric Scooter. (Photo: Ola Electric) Ola Solo is set to redefine the way Indians commute, promising a safer, smarter, and more enjoyable riding experience for all. India’s leading ride-hailing company, Ola, has rolled out its latest electric scooter, … Read more
I laughed out loud when I learned that taxi drivers in Hong Kong had planned a strike in November to protest against ride-hailing services, which they claimed were costing them millions of dollars a day in lost revenue. That’s right. DiDi, Gojek, Grab, Lyft, Uber, and so on, which are ubiquitous in many cities in … Read more
