Two of China’s very popular mobile apps, Tencent’s WeChat and Ant’s Alipay have blocked the light-version app of Didi Global Inc’s ride hailing services in China for new users, said a source familiar with the matter at hand. Didi’s service continues to be available to users who have used them on the platforms earlier, said the…
In a statement, Cruise, General Motors’ self-driving car unit said, it has unveiled an electric vehicle without any steering wheel or pedals for use in its planned autonomous ride-sharing service. Cruise did not disclose when the car will go into production. The vehicle, named “Cruise Origin”, was developed with Honda Motor Co Ltd following the…
Following a ruling by a judge that Uber’s ride hailing services in Colombia is in violation of competition rules, Colombia has ordered Uber to cease its ride-hailing operations in the country. The court order came in the wake of a lawsuit filed by COTECH SA against against Uber alleging that the U.S. company had the…
Lyft’s IPO, has set the stage for its much bigger rival, Uber Technologies, whose IPO is slated for launch in April 2019. In a significant development, Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup. Lyft raised more money than it had set off to since…
The development marks a milestone in the testing of autonomous automated vehicles. In a significant development, California’s Department of Motor Vehicles stated, Alphabet Inc’s Waymo unit has been awarded a permit to test driverless vehicles without a backup driver in the front seat. Waymo is the first company to receive such a permit from California’s…
Didi Chuxing, which gained prominence in China after it bought Uber’s operation in China, is also diversifying in the food delivery services. According to several sources with direct knowledge of the matter at hand, China’s Didi Chuxing Technology Co Ltd, a ride hailing firm, aims to spin off its car services unit ahead of its…
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