Sources: Uber is seeking to sell part of its $6.3B stake in Didi Chuxing, as it begins to monetize stakes in other companies in an effort to boost its own stock
- The U.S. ride-hailing giant got the stock as it exited China — SoftBank is involved in discussions for Uber to sell its stock
Toyota invests $600M in Didi Chuxing and as part of the deal, the two companies will set up a joint venture for vehicle-related services for Didi drivers
Didi Chuxing announced today that it has received new investment totaling $600 million from Toyota Motor Corporation.
Source: Toyota is considering investing $550M in Chinese ride hailing service Didi Chuxing and establishing a joint mobility service
Source: Didi and Ant Financial, both of which already own stakes in Ofo, are in talks for a joint buyout offer of up to $2B for the Chinese bike-sharing startup
HONG KONG (Reuters) - Chinese ride-hailing giant Didi Chuxing and Alibaba's (BABA.N) Ant Financial are in talks …
Didi Chuxing expands into China's crowded bike-sharing market, says it will partly take over the running of failed bike-sharing company Bluegogo's services
Yuan Yang / Financial Times :
Didi Chuxing confirms it has acquired Brazilian ride-hailing company 99, reports say for ~$600M, as it expands into Latin America
Johana Bhuiyan / Recode :
Didi Chuxing to fully acquire third-party payment firm 19Pay for $45M in a bid to expand into financial services
China's largest ride hailing firm Didi Chuxing, which ranks as the second most valuable company on China Money Network's China Unicorn Ranking, has agreed …
Didi Chuxing makes an undisclosed investment in Taxify, an Uber rival that operates in 18 countries in Europe and Africa
Jon Russell / TechCrunch :
Filings show Apple's M&A head Adrian Perica joined Didi Chuxing's board after Apple's $1B investment
Shortly after making a $1 billion investment in Chinese ride-hailing company Didi Chuxing, Apple was given a seat on the board, reports The Information.
Sources: talks between Uber and Didi started in May; Didi's $7.3B round with $1B from Apple reinforced Uber's belief it will be too difficult to win in China
Apple Inc's (AAPL.O) $1 billion investment in car-hailing app Didi Chuxing in May helped accelerate Uber's decision to agree a halt …