Uber’s London License Ban Marks Global Regulatory Backlash for Ride-Hailing Firms November 27, 2019 By Amy Thomson and Nate Lanxon Uber Technologies Inc. and its rivals disrupted global transport, riding on a lack of regulation to drive exponential growth. Now,...
China’s Largest Ride-Hailing Firm Didi Suspends Service After 2nd Passenger Killing August 30, 2018 By Brenda Goh and Norihiko Shirouzu China’s largest ride-hailing company Didi Chuxing has suspended its carpooling service after a passenger was killed, and is likely to...
Billionaire Chief of SoftBank Bets on Autonomously Driven World: Opinion February 13, 2018 By Alex Webb, Bloomberg Gadfly It has almost become a refrain: just what is Masayoshi Son up to? After plowing money into companies as diverse...
China’s Ride-Hailing Firm Didi Raises $4B to Expand Overseas, Challenging Uber December 22, 2017 Chinese ride-hailing firm Didi Chuxing Technology Co. on Thursday said it has raised $4 billion in funds earmarked for expansion...
China Ride-Hailing Firm, Didi, to Go Global After Record Funding May 1, 2017 By Christina Larson Chinese ride-hailing giant Didi Chuxing just raised more than $5.5 billion, giving Uber Technologies Inc. Chief Executive Officer Travis Kalanick...
Mercedes’ Parent, Daimler, Partners with Bosch to Develop ‘Robo-Taxis’ April 4, 2017 By Edward Taylor Mercedes-Benz owner Daimler and supplier Robert Bosch are teaming up to develop self-driving cars in an alliance aimed at accelerating...