Didi Chuxing

Timelines
Uber acquires dockless bike-sharing start-up JUMP for $200 million

10 Apr 2018

Uber acquires dockless bike-sharing start-up JUMP for $200 million

Uber has acquired dockless bike-sharing start-up JUMP for an undisclosed amount of money. However, some reports suggested that the deal was finalized at a price closer to $200 million.

Ola raises $1.1bn from Tencent, another $1bn in "advanced talks"

11 Oct 2017

Ola raises $1.1bn from Tencent, another $1bn in "advanced talks"

Ola has confirmed that it raised a funding of $1.1bn from Chinese internet giant Tencent and is in "advanced talks" with others to raise an additional $1bn.

Ola to get $2bn in fresh funding from Tencent, SoftBank

03 Oct 2017

Ola to get $2bn in fresh funding from Tencent, SoftBank

While its biggest rival Uber is witnessing a tussle between its founder and erstwhile CEO Travis Kalanick and the present board, Ola is gearing up for another round of funding.

Uber's $12bn investor deal hinges on Benchmark/Kalanick lawsuit

16 Aug 2017

Uber's $12bn investor deal hinges on Benchmark/Kalanick lawsuit

The troubled ride-hailing company Uber is reportedly looking to raise $12bn-worth funds from four investors, Japan's SoftBank Group, China's Didi Chuxing, and American equity firms Dragoneer Investment Group and General Atlantic.

Microsoft mulls on investing $100 million in Ola's parent firm

25 Jul 2017

Microsoft mulls on investing $100 million in Ola's parent firm

According to reports, Microsoft is now mulling on investing $50-100 million (Rs. 320-640 crore) to acquire a minority stake in ANI Technologies Pvt. Ltd, which runs Ola, the home-grown ride hailing platform.

Uber to merge with Russia's Yandex in a $3.7bn deal

14 Jul 2017

Uber to merge with Russia's Yandex in a $3.7bn deal

Looks like Uber has given in to the competition with Yandex.Taxi in Russia.

Mukesh "Global Game Changer" Ambani, says 2017 Forbes list

17 May 2017

Mukesh "Global Game Changer" Ambani, says 2017 Forbes list

2017 is going to be a golden year for Mukesh Ambani

Uber shares financially upward trajectory to cover failures

16 Apr 2017

Uber shares financially upward trajectory to cover failures

Uber is a privately held company and is therefore not legally required to share its financial credentials with the public or anyone else for that matter.

Lyft raises $600 million: How much is it worth now?

13 Apr 2017

Lyft raises $600 million: How much is it worth now?

San Francisco-based ride-services firm Lyft has raised $600mn in a fresh funding round, fuelling the company's growth.

Indian online players want government to ensure fair play

30 Mar 2017

Indian online players want government to ensure fair play

Indian online players argue that foreign rivals enjoy more fringe benefits than home grown ones.