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DIDI CHUXING
SoftBank looks to move on with Indian mobility sector
After ride hailing, firm makes inroads into rentals, autonomous driving.
SoftBank's Son puts Vision Fund's Paytm, Grab, Oyo in spotlight
SoftBank Group Corp.’s $100 billion Vision Fund has 82 companies in its portf...
Accor in advanced talks to invest up to $40 million in Treebo
The potential investment is expected to give Treebo a post-money valuation of $...
Uber's IPO filing answers leaves one big question
A decade after the Uber app first went online and rammed its way into nearly every major city on earth, economists still have no idea what it’s doing to the labor market
Airbnb checks into Oyo with $75 m in tow
The investment brings to an end Oyo’s nearly $1.1-billion Series-E funding round that saw participation from SoftBank Vision Fund, Didi Chuxing and Grab.
Why Bhavish Aggarwal turned down a $1.1 billion SoftBank deal
Ola co-founder Bhavish Aggarwal is fighting to maintain his independence against SoftBank.
Oyo and Softbank form JV to launch hotels business in Japan
Oyo to hold 50% while Softbank & its Vision Fund will own 25% each.
How much cash are on-demand startups burning?
Staying in Asia, the ride-hailing juggernaut Didi Chuxing lost 4 billion yuan or $585 million in the first half of last year.
Oyo gets $100 million from China’s ride-hailing giant Didi Chuxing
This investment brings to a close Oyo’s $1 billion financing round, valuing it at $5 billion.
When SoftBank’s Son missed investing in Amazon for lack of money
"It’s a big mistake that I didn’t make that investment. I just didn’t have enough cash. But my image, my vision was right,” said Son.
China’s Didi Chuxing may back Oyo
Some investors like Didi and shared office startup WeWork have opted to only back the company’s Chinese subsidiary.
China's Didi launches credit, crowdfunding services in diversification push
The new products were tested in 10 cities and have now been introduced nationwide, the firm said on Wednesday.
Bike-share pioneer Ofo flirted with bankruptcy as cash dried up
Dai, a Peking University PhD dropout, founded Ofo in 2014 with four other students and built their cycling project into a company that operated tens of thousands of bikes.
SoftBank tech fund invests $500 million in drive safety startup
Cambridge Mobile Telematics will use the money to accelerate its DriveWell platform used by insurers and others to measure driving risk, the company said in a statement Wednesday
Chinese transport authorities slam Didi for skirting safety measures
The rebuke also comes as Didi struggles to counter increased waiting times in large cities, where residence restrictions of drivers have slashed the number of available rides.
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