Didi

The buyer is likely to be a Microsoft-Walmart consortium or Oracle, according to sources.

Didi Chuxing, the world’s second most valuable unicorn with a valuation of USD 56 billion, is stepping up its international expansion.

The paradox of big guys getting big cheques hands-down while financing in general is getting harder to come by in China.

Robotaxis are already available in public streets, but limitations are there.

Bank of Shanghai hopes to integrate its financial technology and innovation capability into the diversified service scenarios on DiDi’s platform.

The startup intends to launch its robotaxi service in Shenzhen, Wuhan, and Wuhu in the near future.

E-bike sharing platforms might be China’s next investment craze, but regulators remain wary in the aftermath of the bike-sharing fad.

Senior vice president Stephen Zhu Jingshi will take over Qiu’s role at Didi.