Didi

Ride-hailing giant’s value expected to reach range of USD 70 billion to USD 100 billion.

Seven years ago, friends and family tried to dissuade Jean Liu from joining Didi. Since then, her imprint has come to define Didi’s strategy and global presence.

Chinese startups Xingsheng Youxuan and Nice Tuan are raising funds to compete with the likes of Meituan, Pinduoduo, and Didi.

The initiative is led by vice president Yang Jun, chief product officer of the D1 customized EV project in cooperation with BYD.

So far, Didi Woya only conducted robotaxi trials in a few areas outside of Shanghai.

The grocers were penalized for selling below cost and misleading consumers.

Internet companies have become role models in the battle against extreme levels of hardship.

In China’s first-tier cities, market penetration of ride-hailing services exceeded 70% as of Q1 of 2019.