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Singapore’s Neuron Mobility raises $18.5M to bring its electric scooters to more international markets

Singapore’s Neuron Mobility raises .5M to bring its electric scooters to more international markets Neuron Mobility, a Singapore-based startup, has closed an $18.5 million new financing round as it looks to scale its e-scooter startup in international markets. The new financing round, dubbed Series A, was funded by GSR Ventures, a venture […]

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China’s Didi to relaunch Hitch carpooling service this month

China’s Didi to relaunch Hitch carpooling service this month Chinese ride-hailing firm Didi Chuxing said today it will conduct a trial relaunch of its Hitch carpooling service in seven major Chinese cities with additional safety features by end of the month, more than a year after suspending the service following the murder […]

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Didi Chuxing to launch self-driving rides in Shanghai and expand them beyond China by 2021

Didi Chuxing to launch self-driving rides in Shanghai and expand them beyond China by 2021 Didi Chuxing will begin picking up ride-hailing passengers with self-driving cars in Shanghai in just a few months, according to company CTO Zhang Bo (via Reuters). The plan is to roll out autonomous pick-ups in Shanghai first, […]

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Didi Chuxing’s autonomous driving unit is now an independent company

Didi Chuxing’s autonomous driving unit is now an independent company Didi Chuxing’s autonomous driving unit is now an independent company, the Chinese ride-sharing and transportation giant said today. Didi’s autonomous driving team was created in 2016 and now has more than 200 employees in China and the United States. Didi’s announcement comes […]

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Didi Chuxing and oil giant BP team up to build electric vehicle charging infrastructure in China

Didi Chuxing and oil giant BP team up to build electric vehicle charging infrastructure in China Ride-sharing and transportation platform Didi Chuxing announced today that it has formed a joint venture with BP, the British gas, oil and energy supermajor. to build electric vehicle charging infrastructure in China. The charging stations will […]

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Daily Crunch: Toyota backs Didi Chuxing

Daily Crunch: Toyota backs Didi Chuxing The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Toyota invests $600 million in Didi, with the two setting up a […]

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Toyota invests $600 million in Didi, with the two setting up a new joint venture for driver services

Toyota invests 0 million in Didi, with the two setting up a new joint venture for driver services Didi Chuxing announced today that it has received new investment totaling $600 million from Toyota Motor Corporation. As part of the deal, the two companies will also set up a joint venture with GAC […]

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Microsoft in talks to invest in SoftBank’s second Vision Fund

Microsoft in talks to invest in SoftBank’s second Vision Fund SoftBank is said to be preparing the announcement of a $40 billion investment in its second Vision Fund, according to a new report from The Wall Street Journal. News of the mammoth investment comes after weeks of rumors the Japanese telecom giant […]

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Hellobike, survivor of China’s bike-sharing craze, goes electric

Hellobike, survivor of China’s bike-sharing craze, goes electric Just two years ago, investors were heavily pouring money into China’s dockless bike-sharing startups. Now that boom has busted with derelict bikes littering the streets of cities. Meanwhile, a new race has started for two-wheelers with motors — and one of the main players […]

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China’s Didi removes 300,000 drivers amid safety overhaul

China’s Didi removes 300,000 drivers amid safety overhaul 2018 was the year when Didi Chuxing, the ride-hailing company that defeated Uber in China, vowed to put safety ahead of rocket-ship growth after two deadly passenger incidents. One way it works to ramp up safety is a stricter vetting process for drivers. The […]

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