Lyft Inc

This tiny country knows the future of driverless tech: Alex Webb
(June 1): Pilot plans to test driverless cars on city streets have so far been little more than vanity research projects. But one tiny country has put the whole autonomous vehicle industry on a track to make money in real life. Automakers, tech firms and new entrants the world over have spent the past few weeks racing to meet Thursday’s deadline for a so-called Request for Information that ...
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 is targeting an initial public offering in New York next year, according to people familiar with the matter. The timing will depend on how its battle with Uber Technologies Inc in China plays out, said the people, who requested ...
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. Apple will help Didi build its data-driven ride-sharing platform, as the company now completes more than 11 million rides a day and serves about 300 million users, Didi said in a statement on Friday. ...