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Didi spins off costly autonomous driving unit

It could make Didi’s balance sheet look neater for now, but the ride-hailing company is still far from being profitable.

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Tencent and ByteDance are locking horns on multiple fronts.
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Kuaishou becomes stickier in WeChat, tapping the social media giant’s 1.1 billion users
1 min read
India’s mobile gaming is expected to reach USD 1.1 billion by 2020.
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Alibaba and Paytm backed gaming venture to raise USD 25 million as Indian mobile gaming market grows
2 mins read
Chinese big tech companies are facing a corruption problem.
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Dozens of employees at Baidu and Didi fired for corruption
1 min read
The on-demand service provider accumulated a USD 180 million debt.
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Honestbee appeals to Singapore’s high court for protection against creditors
2 mins read
A cross-sector partnership.
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Nio ties with Razer to roll out tailored EVs for e-sports lovers
1 min read
400 officers will go undercover as prospective riders in this month-long operation.
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Malaysian authority launches undercover operation to enforce self-employed drivers to register for social security protection
2 mins read
Only about 30% of all the shared-bikes in Beijing are being used monthly, according to local transport authority
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Beijing clears out nearly 400,000 shared-bikes in H1 2019
1 min read
India’s first fuel delivery start-up, gets the fuel-currency to get going.
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MyPetrolPump India’s Uber for fuel raises USD 1.6 million seed round
2 mins read

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