Didi made a strategic investment to Renren Car
On September 25th in 2017, China's leading second-hand car dealer Renren Car announced a new round of financing of $200 million to support its rapid expansion s...
Tag: #didi
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More Than Half the 124 Unicorns of 2017 are BAT Investments
After a chilling 2016, the capital markets became more rational in 2017. The overall trend remains unclear, but investors seem willing to back projects that sho...
2017's Top 10 Unicorn Round-up: 5 from China, 5 from US
2017 has seen the rise and fall of numerous new technologies and business models, stunning and mediocre products, and the rise and collapse of tech giants. At t...
Chief Scientist at DiDi Labs in Los Angeles Kevin Knight Leaves Company
Recently, Kevin Knight, the former chief scientist of the natural language processing (NLP) team of DiDi Labs in Los Angeles, announced on his LinkedIn page that he would leave the lab.
3/25/20222 min read
Tencent Denies Reported Plan to Cut Stakes in Meituan, Beike and Didi
Reports have emerged recently claiming that Tencent Holdings is considering a reduction of its shares in Meituan, Beike, Didi and other companies, in order to provide funds for its stock repurchase and new business ventures.
Didi’s Challenges
Didi Chuxing is the largest unicorn company in China valued at 50 billion USD. Over the past three years, not only did the company’s valuation grow in double di...
10/10/201710 min read