GPS News  
CAR TECH
China's Didi steps up challenge to Uber with Australia push
by Staff Writers
Melbourne (AFP) June 25, 2018

Chinese ride-sharing giant Didi has intensified its drive for global business, launching in Melbourne Monday as it joins rivals Uber, Taxify and Ola in Australia's taxi market.

Didi Chuxing claims to be the world's leading mobile transportation platform with more than 450 million users, and its latest expansion is part of attempts to rival American behemoth Uber.

The Beijing-based firm launched in Mexico this year and entered the Brazilian market when it bought 99 Taxis. It is also in partnership with other players covering more than 1,000 cities around the world.

"Didi's entry into Australia marks a new milestone in its outreach to global communities," the company said in a statement.

Didi -- which last year became Asia's most valuable start-up company -- has been in a fierce battle with Uber in the growing ride-hailing market.

The US firm sold its operations in China in 2016 in return for a stake in Didi's business, which says it has more than 21 million drivers on its platform globally.

Uber has also retreated from Southeast Asia, selling its business in the region in March to rival Singapore-based Grab.


Related Links
Car Technology at SpaceMart.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


CAR TECH
Daimler cuts profit forecast, blaming US-China tariffs
Frankfurt Am Main (AFP) June 20, 2018
German luxury carmaker Daimler on Wednesday cut its profit forecast for 2018, blaming new tariffs on cars exported from the United States to China, amid lingering fears of a trade war between the world's biggest economies. "Fewer than expected SUV sales and higher than expected costs - not completely passed on to the customers - must be assumed because of increased import tariffs for US vehicles into the Chinese market," the Mercedes-Benz manufacturer said in a statement. As a result, Daimler ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

CAR TECH
China dog meat fest opens as S. Korea goes the other way

The environmental costs of producing meat, seafood

Japan, SKorea ban Canadian wheat imports over bioengineered plants

Warmer climate will dramatically increase the volatility of global corn crops

CAR TECH
Less is more when it comes to predicting molecules' conductivity

Molecular switch will facilitate the development of pioneering electro-optical devices

Carbon nanotube optics provide optical-based quantum cryptography and quantum computing

Spintronics: Controlling magnetic spin with electric fields

CAR TECH
V-22 Ospreys to receive ballistic protection panels

Air Force resumes B-1 bomber flight operations after safety concerns

French fighter jets go quiet for school exams

Pentagon awards Lockheed contract for F-35 spares, support

CAR TECH
New tool will help protect animals from harmful hues of transport lights

Electric scooter-sharing moves into the fast lane

Daimler cuts profit forecast, blaming US-China tariffs

Audi boss arrested in diesel probe

CAR TECH
China's Xi denounces 'protectionism, isolationism and populism'

Malaysia murder case linked to Najib 'may be re-opened'

Trump's many trade wars: a summary

French crystal maker Baccarat joins Chinese magnate's collection

CAR TECH
'Shocking' die-off of Africa's oldest baobabs

New research finds tall and older Amazonian forests more resistant to droughts

Zangbeto: voodoo saviour of Benin's mangroves

New technique reveals details of forest fire recovery

CAR TECH
New method makes weather forecasts right as rain

UCI scientists find new teleconnection for early and accurate precipitation prediction

New NASA instrument on ISS to track plant water use on Earth

Thailand to buy Airbus satellite as junta chief visits France

CAR TECH
Squeezing light at the nanoscale

A new way to measure energy in microscopic machines

AI-based method could speed development of specialized nanoparticles

Researchers use magnets to move tiny DNA-based nano-devices









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.