Didi

Didi files for IPO at $65B valuation
News / Technology
Didi files for IPO at $65B valuation
By Linda Fox | June 14, 2021
    The company has raised more than $21 billion in funding from a series of high profile investors including Softbank, Toyota, Booking Holdings and Apple. Read More
startup-funding-2021
News / Startups
Signs point north for travel startup funding in 2021
By Linda Fox | May 11, 2021
Travel startups have attracted multiple smaller investments in 2021, as well as one or two sizable ones, demonstrating interest has not faded away in supporting new businesses. Read More
Hot and not in travel startup funding during pandemic-stricken 2020
News / Startups
Hot and not in travel startup funding during pandemic-stricken 2020
By Linda Fox | December 18, 2020
Investments in travel startups slowed in 2020 but ground transportation and private accommodation remained in the spotlight. Read More
autononomous-vehicles
News / Technology
Autonomous vehicles and natural language processing on travel's 2021 watchlist
By Linda Fox | December 9, 2020
A report from Lux Research tips 12 technologies to watch in 2021, with the travel industry already beginning to deploy a number of them. Read More
didi-launches-huaxiaozhu
News / Distribution
Didi Chuxing targets younger demographic with Huaxiaozhu ride-hailing service
By Linda Fox | July 23, 2020
Didi Chuxing has launched a cheaper ride-hailing service called Huaxiaozhu and targeting younger customers. Read More
Didi gets $500M from SoftBank to develop autonomous driving technology
News / Technology
Didi gets $500M from SoftBank to develop autonomous driving technology
By Kevin May | May 30, 2020
Didi claims it is the single largest fundraising round in China for the autonomous vehicle industry. To-date Didi has raised $21.7 billion. Read More
VIDEO: How travel companies should think about Asia's super apps
News / Distribution
VIDEO: How travel companies should think about Asia's super apps
By Linda Fox | December 10, 2019
Travel execs at The Phocuswright Conference 2019 discuss some of the interesting consumer purchase behaviors emerging on super apps in Asia. Read More
didi auto services
Notated News / Online
Didi funnels $1B into its auto services business
By Jon Russell - TechCrunch | August 7, 2018
In just five years, Didi Chuxing has attracted $20.6 billion in funding - including a $500 million injection from Booking Holdings last month. As the Chinese ride-hail app gauges its next move,... Read More
Booking Holdings invests $500M in Didi ground transport platform
News / Online
Booking Holdings invests $500M in Didi ground transport platform
July 17, 2018
Didi Chuxing has caught the eye of Booking Holdings, with a $500 million capital injection and a major strategic partnership. Read More
Booking Holdings invests half a billion dollars in DiDi
News / Technology
Booking Holdings invests half a billion dollars in DiDi
By Martin Cowen | July 17, 2018
Booking Holdings has invested $500 million in mobility giant DiDi Chuxing and announced a strategic partnership, based around cross-selling each other's inventory. This morning's statement said: Read More
China is becoming the main event in travel tech
From Our Partners / Technology
China is becoming the main event in travel tech
By Sponsored Content | April 12, 2018
Sponsored by ITB. Technology has underpinned China's emergence as not only an important outbound travel market but also as the breeding ground for many of the digital and mobile innovations shaping Read More
Venture capital investments in travel tech could hit record highs in 2018
News / Startups
Venture capital investments in travel tech could hit record highs in 2018
By Mitra Sorrells | March 28, 2018
Startups creating solutions to make travel more efficient, frictionless and interconnected received a record amount of venture capital funding in 2017 – at $25.45 billion it was a substantial 32%... Read More
Didi targets rental alliance for electric cars
Notated News / Technology
Didi targets rental alliance for electric cars
By Sarah Dai - South China Morning Post | February 8, 2018
Didi Chuxing, the dominant ride-hailing service operator in China, has formed an alliance with 12 carmakers to build an electric vehicle sharing network as it looks to move further into the country’s... Read More
Cabify ride app funding
News / Startups
Ride-sharing app Cabify secures $160M funding
By Mitra Sorrells | January 24, 2018
A new round of funding and new app features are positioning Madrid-based ride-hailing service Cabify to put more pressure on Uber and other car services.   Read More
didi-99-brazil-2
News / Online
Didi moves west in 99 ride-hail service buy in Brazil
By Kevin May | January 4, 2018
The pincer movement around Uber is growing, as Chinese giant Didi is confirmed as the new owner of Brazilian brand 99. Read More