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businessNews reuters.com

Uber's Chinese rival Didi Chuxing recruits in Mexico ahead of launch

MEXICO CITY (Reuters) - Chinese ride-hailing company Didi Chuxing has advertised online for a range of jobs in Mexico as it prepares to break into the country, one of rival Uber's regional strongholds.

technologyNews reuters.com

China's Didi Chuxing to launch bike-sharing platform and brand

SHANGHAI (Reuters) - Chinese ride-hailing application Didi Chuxing plans to launch a bike-sharing platform within its app that will host partner firms such as Ofo as well as its own bike-sharing brand, the company said on Tuesday.

Mergers, Acquisitions and Divestitures nytimes.com

Didi Chuxing, China’s Ride-Hailing Giant, Agrees to Buy Uber Rival in Brazil

Didi will acquire the rest of 99, a Brazilian ride-hailing start-up that it had invested in, in an all-cash deal worth around $600 million.

companyNews reuters.com

UPDATE 2-China's Didi Chuxing buys control of Brazil's 99 ride-hailing app

* S.America represents Didi's first major overseas push (Updates sourcing for valuation and investors; adds context)

companyNews reuters.com

UPDATE 1-China's Didi Chuxing buys control of Brazil's 99 ride-hailing app

BRASILIA/SAO PAULO, Jan 3 (Reuters) - China's ride-hailing application Didi Chuxing has agreed to acquire control of Brazil's 99, the companies said in a statement on Wednesday, potentially creating a formidable rival to Uber in Latin America's largest economy.

Neon in Daylight (Book) nytimes.com

Books of The Times: ‘Neon in Daylight’ Lights Up Ambivalence With Shades of Didion and Others

Hermione Hoby’s first novel is about characters struggling to connect to their desires in the months before Hurricane Sandy hits New York.

companyNews reuters.com

UPDATE 2-China ride-sharing firm Didi raises $4 bln for global push

* Says new funds for AI, global expansion (Adds SoftBank confirmation, updates sourcing on Mubadala investment)

technologyNews reuters.com

China ride-sharing firm Didi raises $4 billion for global push

BEIJING (Reuters) - Chinese ride-hailing service Didi Chuxing Technology Co has raised $4 billion in a new funding round, the firm said on Thursday, boosting its war chest as it looks to expand overseas and intensify a challenge to Uber Technologies Inc.

companyNews reuters.com

UPDATE 1-China ride-sharing firm Didi raises $4 bln for global push

* Says new funds for AI, global expansion (Adds company statement, changes sourcing)

companyNews reuters.com

REFILE-Chinese ride-sharing firm Didi Chuxing raises $4 bln - sources

BEIJING, Dec 21 (Reuters) - Chinese ride-hailing service Didi Chuxing Technology Co, China's rival to Uber Technologies Inc, has raised $4 billion in a new round of funding, two sources familiar with the deal told Reuters on Thursday.

technologyNews reuters.com

Chinese ride-sharing firm Didi Chuxing raises $4 billion: sources

BEIJING (Reuters) - Chinese ride-hailing service Didi Chuxing Technology Co, China's rival to Uber Technologies Inc, has raised $4 billion in a new round of funding, two sources familiar with the deal told Reuters on Thursday.

companyNews reuters.com

BRIEF-China's Didi Chuxing Raised $4 Bln In Its Latest Round Of Funding- WSJ, Citing Sources

* CHINA'S RIDE-SHARING PLATFORM DIDI CHUXING TECHNOLOGY HAS RAISED $4 BILLION IN ITS LATEST ROUND OF FUNDING- WSJ, CITING SOURCES

companyNews reuters.com

China's Didi, rival to Uber, looks to break into Taiwan market

HONG KONG, Dec 19 (Reuters) - China's Didi Chuxing on Tuesday said it was looking to bring its ride-hailing service to Taiwan via a local franchise partner, potentially marking its first expansion across waters as it looks to take on U.S. rival Uber Technologies Inc.

businessNews reuters.com

Exclusive: Uber's Chinese rival Didi Chuxing to enter Mexico next year - sources

MEXICO CITY/SAN FRANCISCO (Reuters) - Didi Chuxing, China's ride-hailing behemoth, plans to expand into Mexico next year, intensifying its global rivalry with Uber, according to two sources familiar with the plans.

Writing and Writers nytimes.com

Op-Ed Columnist: The Magic and Moral of Joan Didion

You glitter the way she does only if there’s gold at the core.

companyNews reuters.com

BRIEF-Toyota exec: Free access to EU market key for UK plant

Oct 25 (Reuters) - Toyota Motor Corp Executive Vice President Didier Leroy:

Documentary Films and Programs nytimes.com

Their Love Letter to Aunt Joan (Didion)

Joan Didion turned down several requests to make a documentary about her life. Then her nephew Griffin Dunne and grandniece Annabelle Dunne asked.

New York Yankees nytimes.com

Yankees 5, Indians 2 | Yankees win series, 3-2: Didi Gregorius Leads Yankees Past Indians and Into A.L.C.S.

Gregorius had two homers, and Aroldis Chapman closed out the Game 5 victory for the Yankees, who advanced to their first league championship series since 2012.

The Collected Essays of Elizabeth Hardwick (Book) nytimes.com

Books of The Times: ‘The Collected Essays of Elizabeth Hardwick’ Gives Off a Bright Light

Hardwick scrutinized the work of American writers ranging from Melville and Wharton to Capote and Didion, as well as topics like the civil rights movement and feminism.

Baseball nytimes.com

Yankees 8, Twins 4: Yankees Blast Their Way Out of an Early Hole and Advance to A.L.D.S.

Despite a disastrous start by Luis Severino, the Yankees got home runs from Didi Gregorius, Brett Gardner and Aaron Judge to win the A.L. wild-card game.

sportsNews reuters.com

Yankees rally past Twins in MLB postseason opener

(The Sports Xchange) - Luis Severino was knocked out just one out into the first inning, but Didi Gregorius hit a three-run homer in the bottom of the first, and the New York Yankees stormed back for an 8-4 victory over the Minnesota Twins in the American League wild-card game on Tuesday.

companyNews reuters.com

UPDATE 1-China ride-hailing firm DiDi backs Uber rival Careem

DUBAI/FRANKFURT, Aug 8 (Reuters) - DiDi Chuxing, China's largest ride-hailing firm, has invested in Middle East online taxi service Careem in a new partnership deal that marks Didi's latest international expansion against rival Uber.

technologyNews reuters.com

MidEast ride-hailing firm Careem partners with China's Didi Chuxing

DUBAI (Reuters) - Chinese ride-sharing firm Didi Chuxing has invested in Middle East ride-hailing firm Careem as part of a new partnership agreement between the two companies.

technologyNews reuters.com

China's DiDi to back small Uber rival Taxify in Europe, Africa

HONG KONG/FRANKFURT (Reuters) - Chinese ride-hailing company DiDi Chuxing is investing an undisclosed amount in Estonian online taxi firm Taxify to help it expand in Europe and Africa, where it has gained share in some cities against U.S. player Uber [UBER.UL].

companyNews reuters.com

UPDATE 1-China's DiDi to back small Uber rival Taxify in Europe, Africa

* China's DiDi to back Taxify's expansion in Europe and Africa

companyNews reuters.com

Didi Chuxing announces tie-up with Uber's European rival Taxify

HONG KONG, Aug 1 (Reuters) - Chinese ride-sharing firm Didi Chuxing said on Tuesday it would invest and collaborate with European ride-sharing firm, Taxify, in a strategic partnership.

technologyNews reuters.com

Grab, Uber's SEAsia rival, to raise $2.5 billion from Didi, SoftBank, others

SINGAPORE (Reuters) - Grab, Uber Technologies Inc's biggest ride-hailing competitor in Southeast Asia, said it expects to raise $2.5 billion in its latest financing round that will help bolster its leading position in the region and grow its payments platform.

sportsNews reuters.com

Yankees beat Red Sox in 16-inning marathon

(The Sports Xchange) - Didi Gregorius was not going to allow the Boston Red Sox to have back-to-back walk-off wins on consecutive nights.

businessNews reuters.com

Uber rival Grab raising $2 billion from SoftBank, China's Didi: WSJ

(Reuters) - Grab, Uber Technologies Inc's [UBER.UL] biggest rival in Southeast Asia, is raising as much as $2 billion in funding from Japan's SoftBank Group  and China's top ride-hailing firm Didi Chuxing, the Wall Street Journal reported on Friday.

technologyNews reuters.com

SoftBank says to invest $5 billion in China ride hailing firm Didi Chuxing

TOKYO (Reuters) - SoftBank Group Corp said it had agreed to invest $5 billion, or 550 billion yen, in China's ride-hailing firm Didi Chuxing, the Japanese company said in its earnings statement.

companyNews reuters.com

UPDATE 1-China's Didi to raise up to $6 bln, values firm at $50 bln-sources

* Part of fund raising for international expansion, sources say (Adds details, no comment from Didi)

technologyNews reuters.com

China's Didi to raise $5 billion for overseas expansion

BEIJING (Reuters) - Didi Chuxing, China's top ride-hailing firm, is set to raise a $5 billion funding round that values the company at about $50 billion.

Books and Literature nytimes.com

Nonfiction: The South (and the West) through Joan Didion’s Eyes

Through excerpts from her notebooks, Joan Didion recounts a monthlong road trip through the Gulf states during the 1970s in “South and West.”

sportsNews reuters.com

Drogba, career no longer rising, will end career in Phoenix

(Reuters) - Former Chelsea striker Didier Drogba has agreed to join second-tier United States team the Phoenix Rising in an effort to help them join an expanded Major League Soccer (MLS) competition before he takes an executive role with the team when he retires.

technologyNews reuters.com

China ride sharing giant Didi mulls $6 bln SoftBank-backed investment: Bloomberg

SHANGHAI (Reuters) - Chinese ride sharing firm Didi Chuxing is considering a $6 billion investment backed by Japan's SoftBank Group Corp, as it looks to take on global rivals such as Uber Technologies Inc [UBER.UL], Bloomberg reported on Tuesday citing sources familiar with the matter.

companyNews reuters.com

BRIEF-Didi to weigh $6 bln funding backed by Softbank - Bloomberg, citing sources

* Didi to weigh $6 billion funding backed by Softbank - Bloomberg, citing sources

sportsNews reuters.com

Baseball: Gregorius leads way as Netherlands thump Israel

(Reuters) - Didi Gregorius homered and drove in five runs as the Netherlands crushed Israel 12-2 on Monday in Tokyo to move closer to a semi-final spot at the World Baseball Classic.

Books and Literature nytimes.com

Books of The Times: Past, Present and Future Collide in Joan Didion’s ‘South and West’

Containing two excerpts from her notebooks dating to the 1970s, this book uncannily sheds light on some of the divisions splintering America today.

financialsSector reuters.com

BRIEF-SocGen names Didier Valet as new deputy CEO

* Company has decided to enlarge the General Management team with the appointment of a new Deputy Chief Executive Officer, Didier Valet

technologySector reuters.com

BRIEF-Link Mobility intends to acquire didimo Servicios Móviles SL

* Intends to acquire all shares in parent company Didimo Servicios Móviles Sl from founder and ceo of Didimo Servicios Móviles Carlos Cadenas and his partners.

technologyNews reuters.com

China's Didi, partners invest over $100 million in Brazil's 99 company

SAO PAULO (Reuters) - Didi Chuxing, China's largest ride-hailing company, is leading a group investing more than $100 million in Brazilian on-demand taxi and ride sharing company 99, the companies said on Wednesday.

technologySector reuters.com

BRIEF-Didi Chuxing makes strategic investment in Brazil's 99

* Didi makes strategic investment in 99, Brazil's largest local shared mobility provider

companyNews reuters.com

BRIEF-Cidara Therapeutics completes enrollment in phase 2 Radiant trial

* Cidara Therapeutics completes enrollment in phase 2 Radiant trial evaluating novel antifungal CD101 topical in vulvovaginal candidiasis

companyNews reuters.com

BRIEF-Abivax appoints Didier Blondel as Chief Financial Officer

* Chief Financial Officer appointment effective January 2(nd), 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

sportsNews reuters.com

Drogba bids farewell to Montreal after final home game

(Reuters) - Striker Didier Drogba has indicated he will not return to Montreal Impact next season, with the Major League Soccer club releasing a video on Twitter thanking him for his service.

cyclicalConsumerGoodsSector reuters.com

UPDATE 2-VW, Didi in talks for high-end car-hailing service in China

* VW to soon deliver its first locally built NEVs under Audi brand (Recasts with Didi tie-up)

technologyNews reuters.com

Volkwsagen, Didi Chuxing plan high-end car hailing service in China

GUANGZHOU, China (Reuters) - Volkswagen AG said on Thursday it was in talks with China's Didi Chuxing to set up a high-end car hailing service venture in China, the latest in a rush of tie-ups between automakers and technology firms seeking to profit from new ride services.

technologySector reuters.com

BRIEF-Inside Secure says supervisory board terminate contract of Pascal Didier

* Says supervisory board decides to terminate the contract of Pascal Didier Source text for Eikon: Further company coverage: (Gdynia Newsroom)

sportsNews reuters.com

Drogba likely to miss Impact's clash with D.C. United

(The Sports Xchange) - Superstar forward Didier Drogba's absence from the Montreal Impact roster is unlikely to end in Thursday's Eastern Conference knockout-round playoff match against hosts D.C. United.

sportsNews reuters.com

Drogba absent again as Impact limp into playoffs

(Reuters) - Didier Drogba was absent again when the Montreal Impact played the New England Revolution on Sunday, falling further out of the team’s picture.

companyNews reuters.com

UPDATE 1-Beijing, Shanghai propose curbs on who can drive for ride-hailing services

BEIJING Oct 8 (Reuters) - Regulators in Beijing and Shanghai are proposing restrictions on who can operate as drivers for ride-hailing services such as Didi Chuxing and Uber, possibly making it tougher for those services to recruit drivers.

companyNews reuters.com

Beijing, Shanghai propose curbs on who can drive for ride-hailing services

BEIJING Oct 8 (Reuters) - Transportation regulators in Beijing and Shanghai are proposing restrictions on who can operate as drivers for ride-hailing services such as Didi Chuxing and Uber, possibly making it tougher for those services to recruit drivers.

technologyNews reuters.com

Didi Chuxing invests 'tens of millions' in Chinese bike-sharing platform

SHANGHAI (Reuters) - Chinese ride-hailing service Didi Chuxing on Monday said it has invested "tens of millions of dollars" in the country's largest bicycle-sharing platform ofo, as it looks to provide its users with more transportation options.

financialsSector reuters.com

BRIEF-Didi Chuxing to invest in China bike-sharing platform

* Says will invest tens of millions of U.S. dollars in China's largest bicycle sharing-platform ofo (Reporting by Jackie Cai and Brenda Goh)

industrialsSector reuters.com

CORRECTED (OFFICIAL)-Taiwan's Foxconn invests in Chinese ride-hailing start-up Didi Chuxing

HONG KONG/BEIJING, Sept 8 (Reuters) - Taiwan's Foxconn has invested $119.9 million in Chinese ride-hailing firm Didi Chuxing via one of its subsidiaries, the world's largest electronics manufacturer said on Thursday, in a deal that could value the start-up at about $33.7 billion.

cyclicalConsumerGoodsSector reuters.com

Taiwan's Foxconn invests in Chinese ride-hailing start-up Didi Chuxing

HONG KONG/BEIJING, Sept 8 (Reuters) - Taiwan's Foxconn has invested $119.9 million in Chinese ride-hailing firm Didi Chuxing via one of its subsidiaries, the world's largest electronics manufacturer said on Thursday, in a deal that could value the start-up at about $33.3 billion.

technologyNews reuters.com

Exclusive: Uber says Didi deal frees resources for key Indian market - letter

NEW DELHI (Reuters) - U.S. ride-hailing firm Uber [UBER.UL] said that the recent deal to fold its China operations into local rival Didi Chuxing would allow it to invest more in India, where it has recorded rapid growth this year, according to a letter to investors obtained by Reuters on Wednesday.

technologyNews reuters.com

China says probing Didi, Uber deal on anti-trust concerns

SHANGHAI (Reuters) - China's commerce ministry is investigating the planned acquisition by ride-hailing firm Didi Chuxing of U.S. rival Uber Technologies Inc's [UBER.UL] China unit over anti-monopoly concerns, the ministry's spokesman said on Friday.

mergersNews reuters.com

UPDATE 1-China says probing Didi, Uber deal on anti-trust concerns

* China ministry: no Didi-Uber China merger application received

companyNews reuters.com

China says probing Didi, Uber merger on anti-trust concern

SHANGHAI, Sept 2 (Reuters) - China's commerce ministry is investigating the planned merger of ride-hailing firm Didi Chuxing and the Chinese unit of U.S. rival Uber Technologies Inc over anti-monopoly concerns, the ministry's spokesman said on Friday.

companyNews reuters.com

BRIEF-China opens antitrust investigation of Didi- Uber deal- WSJ

* China'S Ministry Of Commerce Opened Investigation Into DidiUber deal- wsj

rbssHealthcareNews reuters.com

BRIEF-Sosei Group says completion of Japanese Phase III clinical study of SO-1105 for oropharyngeal candidiasis

* Says its Japanese subsidiary Sosei Co. Ltd. has completed the Japanese Phase III study of SO-1105 (miconazole 50 mg, muco-adhesive tablet) for the treatment of oropharyngeal candidiasis; meeting the primary endpoint as requested for submission

businessNews reuters.com

Economists see ride-hailing industry as ripe for competition

SAN FRANCISCO (Reuters) - Chinese powerhouse Didi Chuxing's acquisition of Uber Technologies Inc's [UBER.UL] China operations marked the biggest move yet toward consolidation in an industry that many investors and Silicon Valley pundits view as a winner-take-all game.

companyNews reuters.com

BRIEF-Didi Chuxing launches online car rental service

* Says Launched Online Car Rental Business Through AssetLight model in cooperation with existing leasing firms

mergersNews reuters.com

BRIEF-Lyft in recent months held talks or made approaches to sell itself- NYT

* Lyft in recent months held talks or made approaches to sell itself to cos including GM, Apple, Google, Amazon, Uber, Didi Chuxing - NYT, citing sources Source : http://nyti.ms/2bDhNIG

companyNews reuters.com

Banks miss out as Chinese firms do DIY deal advice

HONG KONG, Aug 18 (Reuters) - When ride-hailing firm Didi Chuxing agreed to buy Uber Technologies Inc's China unit this month, creating a $35 billion business, both firms used in-house advisory teams, meaning the investment banks that normally advise on these deals missed out on an estimated $60 million in fees.

businessNews reuters.com

Didi's Cheng Wei: Chinese patriot who tamed Uber

BEIJING (Reuters) - Cheng Wei, 34, was once assistant to the head of a foot massage firm. Last week, his company Didi Chuxing bagged Uber's China business in a deal valuing his ride-hailing start-up at $35 billion - a second success in as many years in a grueling battle with a rival.

companyNews reuters.com

India ride-hailing firm Ola sideswiped as Uber, Didi team up in China

* Uber to focus more on India after Didi China deal - sources

businessNews reuters.com

Massive funding, Apple backing helped Didi outrun Uber in China

SAN FRANCISCO/HONG KONG (Reuters) - Apple Inc's $1 billion investment in car-hailing app Didi Chuxing in May helped accelerate Uber's decision to agree a halt to a costly two-year battle with its rival in China, people close to the companies and analysts said.

companyNews reuters.com

DEALTALK-Massive funding, Apple backing helped Didi outrun Uber in China

SAN FRANCISCO/HONG KONG, Aug 3 (Reuters) - Apple Inc's $1 billion investment in car-hailing app Didi Chuxing in May helped accelerate Uber's decision to agree a halt to a costly two-year battle with its rival in China, people close to the companies and analysts said.

financialsSector reuters.com

BRIEF-Didi,Softbank leading funding round in Grab that could top $600 million - Bloomberg

* Didi Chuxing,Softbank leading new funding round in Southeast Asian ride-sharing service Grab that could top $600 mln - Bloomberg, citing sources Source text - (http://bloom.bg/2ah4Gzn) Further company coverage: (Bengaluru Newsroom)

governmentFilingsNews reuters.com

UPDATE 1-China regulator says Didi, Uber deal will need Mofcom approval

BEIJING, Aug 2 (Reuters) - A merger between Chinese ride-hailing firm Didi Chuxing and the China unit of U.S. rival Uber could face its first hiccup after China's commerce ministry (Mofcom) said on...

technologyNews reuters.com

Didi's China dominance over Uber offers roadmap for ride-hailing rivals

SAN FRANCISCO (Reuters) - China ride-hailing service Didi Chuxing's dominance of Uber Technologies in the China market may provide a playbook for regional rivals to fend off the biggest U.S. ride-hailing company, especially in Southeast Asia and India.

businessNews reuters.com

China regulator says Didi, Uber deal will need Mofcom approval

BEIJING (Reuters) - A merger between Chinese ride-hailing firm Didi Chuxing and the China unit of U.S. rival Uber could face its first hiccup after China's commerce ministry (Mofcom) said on Tuesday it had not received a necessary application to allow the deal to go ahead.

businessNews reuters.com

Didi's dominance of Uber in China offers roadmap for ride-hailing rivals

SAN FRANCISCO (Reuters) - China ride-hailing service Didi Chuxing's dominance of Uber Technologies Inc [UBER.UL] in the China market may provide a play book for other regional rivals to fend off the biggest U.S. ride-hailing company, especially in other Asian countries.

mergersNews reuters.com

UPDATE 5-After bruising China battle, Uber cedes to rival Didi

* Didi also to invest $1 bln in Uber outside China (Adds Uber CEO web post, details, anti-trust comment, edits))

innovationNews reuters.com

Didi to buy Uber's China business in $35 billion deal

(Reuters) - Ride-hailing firm Didi Chuxing said on Monday it will buy Uber's China operations, in a deal that will give Uber a stake in the company and end bruising competition between the two.

mergersNews reuters.com

UPDATE 4-Didi to buy Uber's China business in $35 billion deal

* Didi also to invest $1 bln in Uber outside China (Recasts with Didi confirmation, comments)

companyNews reuters.com

Ride-hailing firm Didi to buy Uber's China business - official microblog

BEIJING, Aug 1 (Reuters) - Didi Chuxing will buy Uber's China business, the Chinese ride-hailing company said on its official microblog on Monday.

topNews reuters.com

Didi, Uber said to merge in China in $35 billion deal

(Reuters) - Ride-hailing firm Uber is to merge its China operations with bigger rival Didi Chuxing, and hold a one-fifth stake in the new business, in a $35 billion deal to end bruising competition between the two, according to a source familiar with the matter.

companyNews reuters.com

UPDATE 3-Didi, Uber said to merge in China in $35 billion deal

* Didi also to invest $1 bln in Uber outside China (Adds Didi shareholder comment, background)

technologyNews reuters.com

Didi to merge with Uber China operations in $35 billion deal

(Reuters) - China's dominant ride-hailing firm Didi Chuxing will merge with Uber's business in China in a $35 billion deal that will end bruising competition between the two firms, according to a source familiar with the matter.

mergersNews reuters.com

UPDATE 2-Didi to merge with Uber China operations in $35 billion deal

* Didi also to invest in $1 bln in Uber outside China (Updates with Reuters sourcing, adds deal details, bullets)

companyNews reuters.com

BRIEF-Didi Chuxing to merge with Uber's China business at $35 bln valuation - source

companyNews reuters.com

UPDATE 1-Didi to buy Uber China operations in deal valuing combined firm at $35 bln - media

Aug 1 (Reuters) - China's dominant ride hailing firm Didi Chuxing will buy Uber Technologies Inc's operations in China in a deal that will end bruising competition between the two firms, the Wall Street Journal reported.

Uber Technologies Inc nytimes.com

Uber and Rival Didi Chuxing to Combine in China

The merger ends more than a year of ruthless battles for market share in the mainland and values the new company at $35 billion.

businessNews reuters.com

Uber to combine China business with Didi Chuxing in $35 billion merger: Bloomberg

(Reuters) - Ride-hailing service Uber Technologies Inc would merge its China business with rival Didi Chuxing, valuing the combined company at $35 billion, Bloomberg reported, citing people familiar with the matter.

companyNews reuters.com

Uber to combine China business with Didi Chuxing in $35 bln merger - Bloomberg

Aug 1 (Reuters) - Ride-hailing service Uber Technologies Inc would merge its China business with rival Didi Chuxing, valuing the combined company at $35 billion, Bloomberg reported, citing people familiar with the matter.

companyNews reuters.com

BRIEF-Uber said to merge China business with Didi in $35 billion deal - Bloomberg, citing sources

* Uber said to merge China business with Didi in $35 billion deal - Bloomberg, citing sources Source text - (http://bloom.bg/2akzz3h) Further company coverage: (Bengaluru Newsroom)

technologyNews reuters.com

China green lights ride-hailing services with new regulations

BEIJING (Reuters) - China has given the green light to online ride-hailing services, issuing guidelines that establish a long-awaited framework for the booming industry and remove uncertainty for firms such as Didi Chuxing and U.S. rival Uber Technologies Inc [UBER.UL].

technologySector reuters.com

UPDATE 1-China green lights ride-hailing services with new regulations

* Uber, Didi welcome new rules (Adds company comments, detailed rules, context)

governmentFilingsNews reuters.com

Didi Chuxing welcomes China's new ride-sharing rules

SHANGHAI, July 28 (Reuters) - Chinese ride-sharing company Didi Chuxing said on Thursday it welcomed new government rules regulating the industry and that it will make an "earnest effort" to comply.

companyNews reuters.com

China issues regulations for online ride-hailing services

BEIJING, July 28 (Reuters) - China has issued the final version of a policy to regulate booming online-ride hailing services, according to a document made public on Thursday, for a sector in which Uber Technologies Inc and Chinese rival Didi Chuxing compete aggressively.

technologySector reuters.com

BRIEF-Third Point completed a private investment in Didi in Q2- CNBC

July 26 (Reuters) - Third Point Completed A Private Investment In Didi In Q2; Expect It To Become "One Of China's Largest Internet Companies"

businessNews reuters.com

Investors back rivals Uber and Didi, raising eyebrows

SAN FRANCISCO (Reuters) - Ride-hailing companies Uber[UBER.UL] and Didi have brought many new dimensions to the startup industry, such as making billion-dollar-plus funding rounds routine.

technologySector reuters.com

BRIEF-Blackrock, Uber investor ,to back Uber's chinese rival Didi Chuxing- Techcrunch

* Blackrock, Uber investor ,to back Uber's chinese rival Didi Chuxing- Techcrunch

marketsNews reuters.com

UPDATE 3-China's Didi Chuxing raises $7.3 bln in new funding

June 15 (Reuters) - Chinese car-hailing app Didi Chuxing Technology Co said it raised $7.3 billion in its latest round of funding, including $4.5 billion from new and existing investors, as it...

technologySector reuters.com

BRIEF-Didi Chuxing completed $7.3 billion financing round

* China Merchants Bank has committed to become lead arranger for syndicated loan to Didi of up to $2.5 billion

financialsSector reuters.com

BRIEF-Didi Chuxing - Completed $7.3 bln financing round

* China Merchants Bank has committed to become lead arranger for syndicated loan to Didi of up to $2.5 billion

bondsNews reuters.com

UPDATE 2-China's Didi Chuxing raises $7 bln in new funding -source

June 15 (Reuters) - Chinese car-hailing app Didi Chuxing Technology Co has raised $7 billion in its latest fund raising effort, a source familiar with the matter said.