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Didi

ByteDance Didi Features Funding Meituan The Numbers

GGV Capital raises $2.5 billion as US investors chase China tech

US China investment VC

GGV Capital’s latest capital raise comes amid an uptick in inflows to VCs as investors look to profit from China’s tech growth.

Posted on January 29, 2021 Author Wei Sheng Comments Off on GGV Capital raises $2.5 billion as US investors chase China tech
Alipay Ant Group Didi Fintech government Heavy Hitters JD News

Alipay, JD Digits, Didi remove all bank deposit products: report

Ant Group fintech digital payment antitrust

Regulators completely banned on Jan. 15 the sale of bank deposit products on third-party platforms to minimize risk from highly leveraged banks.

Posted on January 28, 2021 Author Eliza Gkritsi Comments Off on Alipay, JD Digits, Didi remove all bank deposit products: report
Didi Funding Mobility New Energy Vehicles News Tencent Up and Comers

Shares of Evergrande EV unit surge 50% after raising $3.4 billion

evergrande EV electric vehicles cars new energy NEV EV

China Evergrande New Energy Vehicle Group closed the sale of 952 million shares to six investors for a total of $3.35 billion)

Posted on January 25, 2021 Author Jill Shen Comments Off on Shares of Evergrande EV unit surge 50% after raising $3.4 billion
Didi drive i/o Features government Heavy Hitters Mobility Premium Ride Hailing Turf Wars

Drive I/O | The five trends that will reshape ride-hailing in China

China’s ride-hailing industry faces more economic uncertainty, more competition, and more regulation. But giant players are poised to thrive post-Covid.

Posted on January 7, 2021 Author Jill Shen Comments Off on Drive I/O | The five trends that will reshape ride-hailing in China
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