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China's H1 2019 Internet User Base Reaches 854 Mln

CNNIC, 8/30/19

China's internet user base reached 854 mln in H1 2019, up nearly 26 mln from the end of H2 2018, among which the mobile internet user base was approximately 847 mln, up almost 30 mln from the end of H2 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H1 2019 State of the Chinese Internet Report. Read More

China's H2 2018 Internet User Base Reaches 829 Mln

CNNIC, 2/28/19

China's internet user base reached 829 mln in H2 2018, up nearly 27 mln from the end of H1 2018, among which the mobile internet user base was approximately 817 mln, up over 29 mln from the end of H1 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H2 2018 State of the Chinese Internet Report. Read More

Rumor: Didi Chuxing's Takeout Delivery Service May Refocus on Overseas Markets

Caijing.com.cn, 9/17/18

Chinese taxi booking and car hire service app Didi Chuxing's plans to expand its food delivery service Didi Foodie to the cities of Jinan and Xi'an in August were suspended in late July. Read More

58.com's Logistics Platform Kuaigou Dache May Launch Ride-hailing Service

Sina Tech, 9/12/18

Mobile local logistics platform Kuaigou Dache, operated by Chinese online classifieds site 58.com (NYSE: WUBA), recently held a strategic press conference to outline its future development strategy. Read More

Didi Chuxing Pilots In-vehicle Video Monitoring System

Iyiou.com, 7/25/18

Chinese taxi booking and car hire service app Didi Chuxing has been testing out in-vehicle recording equipment in a small number of vehicles operating through its Didi Express and Didi Premier channels, to help resolve disputes between drivers and passengers, and to support rescue operations in case of emergency, confirmed a Didi Chuxing employee speaking with online media outlet Iyiou.com. Read More

Autonomous Cargo Vehicle Maker Fabu Wins Investment from Sinovation

36Kr.com, 6/12/18

Hangzhou-based autonomous cargo vehicle developer Fabu Technology recently gave an update on its technology progress and future plans, and confirmed new investment from Sinovation Ventures. Read More

Shenzhen: Newly Registered Ride Hailing Vehicles Must Be All-electric

Securities Times, 6/07/18

The Shenzhen city government reportedly plans to revise its regulations for online ride hailing service operators before July 31, including prohibiting new registrations of non-all-electric vehicles with online ride hailing platforms. Read More

Didi Chuxing Wins Autonomous Vehicle Testing License in California

Tencent Tech, 5/14/18

Chinese taxi booking and car hire service app Didi Chuxing's US-based research institute Didi Labs has secured a license for autonomous driving road tests, according to a list recently released by California's Department of Transportation. Read More

Goldman Sachs, Tencent, Didi Chuxing Invest USD 300 Mln in Car Trading Platform Renrenche

36Kr.com, 4/26/18

Beijing-based Renrenche Network Technology, operator of online and mobile used car trading platform Renrenche.com, recently won USD 300 mln in new funding led by Goldman Sachs, with participation from Chinese internet conglomerate Tencent (0700.HK) and taxi booking and car hire service app Didi Chuxing. Read More

Electric Car Maker CHJ Automotive Wins RMB 3 Bln Series B

36Kr.com, 3/22/18

Beijing-based automobile startup CHJ Information Technology (CHJ Automotive) has announced the recent completion of RMB 3.0 bln in Series B funding from Matrix Partners China and a new energy fund in Shougang Fund's portfolio. Read More