China's market crackdown: 'Everybody’s in the crosshairs' - THE EDGE SINGAPORE

Global Markets

China's market crackdown: "Everybody's in the crosshairs"

It’s the government’s most extreme step yet to rein in private businesses.


Will Uber, Grab and Didi ever make money?

(Aug 21): For several weeks now, the focus of attention in the so-called sharing economy has been the internal turmoil at ride-hailing giant Uber, the largest startup in the world. From allegations of sexual harassment at the company and fracases with dri
Amit Jain

Uber aims to unseat Ola in US$10 bil India ride-hailing market

BANGALORE (Oct 10): Uber Technologies Inc unveiled its first-ever brand campaign in India last month with a video showing a tense Uber driver navigating gridlocked streets as he rushes to drop off a little girl to her school on exam day. In a Bollywood-


Your Uber and Grab taxi rides are about to be disrupted

SINGAPORE (Sept 5): Uber, the global giant of ride hailing, which at the last round of its fundraising was valued at US$68 billion ($92.7 billion), lost US$1.2 billion in the first half of this year compared with a US$987.2 million loss in the same period
Didi, Xiaoju Kuaizhi Inc


Uber China rival Didi said to consider US IPO in 2017

HONG KONG (May 16): Apple Inc may not need to wait that long before it reaps the benefits of investing US$1 billion in Chinese car-hailing service Didi Chuxing.
Didi, Xiaoju Kuaizhi Inc

Apple invests US$1 bil in Uber’s China competitor Didi

HONG Kong (May 13): Apple Inc invested US$1 billion ($1.38 billion) in Didi, the single largest investment the Chinese ride-hailing service has ever received as it battles Uber Technologies Inc.