Ridesharing

Peer-to-peer ridesharing can be divided along the spectrum from commercial, for-fee transportation network companies to for-profit ridesharing services to informal nonprofit peer-to-peer carpooling arrangements.

Source: en.wikipedia.org

Chinese Regulators Mandate Removal Of 25 Other Didi Apps

Chinese Regulators Mandate Removal Of 25 Other Didi Apps
Chinese Regulators Mandate Removal Of 25 Other Didi Apps
July 09, 2021  |  Ridesharing

Chinese regulators, including the Cyberspace Administration of China, mandated that app stores in the country delete 25 apps relating to ride-hail platform Didi, including its...

READ MORE >
Ride-Hailing App Ola Prepares For $500M IPO
Ride-Hailing App Ola Prepares For $500M IPO
July 09, 2021  |  IPO

Ola, the Indian ride-hailing startup and one of Uber’s chief rivals, announced Friday it is raising $500 million ahead of an initial public offering. Get...

READ MORE >
Chinese Officials Fine Digital Platforms Like Didi Over Unapproved Deals
Chinese Officials Fine Digital Platforms Like Didi Over Unapproved Deals
July 07, 2021  |  Legal & Regulation

Didi, Tencent and Alibaba are among Chinese digital companies being fined by China’s official market regulator — the State Administration of Market Regulation (SAMR) — over...

READ MORE >
China Forces Removal Of Didi From WeChat And Alipay Apps
China Forces Removal Of Didi From WeChat And Alipay Apps
July 07, 2021  |  Ridesharing

Chinese regulators forced Tencent’s WeChat messaging service and Ant Group’s Alipay to remove Didi from its app interface and rendered Didi no longer searchable in...

READ MORE >
China’s Didi Closes First Day At $14.20 After Opening Above $16
China’s Didi Closes First Day At $14.20 After Opening Above $16
June 30, 2021  |  IPO

Didi Global, a Chinese ridesharing firm, started trading at $16.65 per share on Wednesday (June 30) in its introduction to the markets. Didi had priced...

READ MORE >
China Scrutiny Casts Pall Over DiDi IPO
China Scrutiny Casts Pall Over DiDi IPO
June 25, 2021  |  IPO

Earlier this week, we reported that DiDi, the ride-hailing giant from China, is hoping to hit a target of more than $60 billion — even...

READ MORE >
Bird Expands Its eBike Fleet, Launches Smart Vehicle
Bird Expands Its eBike Fleet, Launches Smart Vehicle
June 23, 2021  |  Ridesharing

Electric transportation startup Bird has added shared eBikes to its fleet of vehicles along with the launch of Bird Bike, a shared smart vehicle, the...

READ MORE >
Today In Payments: Wise Plans Direct Listing On LSE; Ant Could Go Public By Year-End
Today In Payments: Wise Plans Direct Listing On LSE; Ant Could Go Public By Year-End
June 17, 2021  |  News

In today’s top news, Wise plans to go public in London via direct listing, and Ant Group could go public at a slashed valuation. Plus,...

READ MORE >