Didi Kuaidi

Yahoo co-founder joins Didi Kuaidi

Didi Kuadi, largest car hailing app in China, has appointed Yahoo co-founder Jerry Yang as a senior advisor and board observer to the ride-hailing app firm as it battles Uber technologies for market share in China. In a statement, the company said Yang’s experience will help it build its mobile platform, which is already used by 250 million people in China. Both companies have stepped up their plans to expand in China recently, signaling tougher competition in the years ahead.

Rivals Join Forces Creating Global Service to Take Down Uber

Four Uber rivals join forces to create a global service of unified ride hailing service. The service will be available next year.

Uber-like startup, Yidao Yongche receives $700M of investment

Yidao Yongche announces that the company had received $700 million in investment from LeTV. The investment is putting the company valuation to $1 billion.

Apple's iOS App Store Gets Invaded By 'XcodeGhost'

First time in history that Apple's iOS App Store got attacked by several malicious software reaching to more than 300. XcodeGhost as it was called penetrated into Apple's technical defenses causing confusion and technical problems.

Uber Plans Expansion to 100 Cities in China and Take on Biggest Chinese Rival

Uber plans to expand to 100 more cities in China when it raised $1.2 billion to contest China’s number one taxi-hailing company Didi Kuaidi.

China’s top taxi app firm is raising $1.5 billion to battle Uber

In a bid to fight off US-based Uber's expansion plan into Chinese markets, Didi Kuaidi, China's largest taxi app company is raising $1.5 billion. This development come only days after a leaked memo from Uber showed that it is raising $1 billion for its expansion plan.

Latest Stories

How Copper Fuels Infrastructure Development from Power Grids to Telecom

Copper's use in global infrastructure development is becoming increasingly critical, especially as emerging markets expand and industrialize. The metal, valued for its electrical conductivity, is now indispensable in energy grids, transportation networks, and telecommunications. As nations worldwide focus on upgrading infrastructure to meet the demands of modern economies and climate targets, copper demand is set to rise continually year over year.

A Busy October for H.I.G. Capital: Multi-Sector Investments Reflecting Market Agility

As global markets continue to present both challenges and opportunities, H.I.G. Capital, the Miami-based alternative investment powerhouse, has launched a series of strategic moves that underscore its agility and foresight. With $65 billion of capital under management, H.I.G. has long been known for its diverse investment approach. However, the firm's activities in October 2024 paint a picture of a company not just participating in market trends but actively shaping them.

The Surge in Copper Prices: Predictions and Market Reactions

The global copper market has been experiencing a significant surge in prices, driven by supply constraints and increasing demand. This trend has caught the attention of investors, industry analysts, and policymakers alike, as copper is needed in various sectors, particularly in the growing fields of renewable energy and electric vehicles. Here are some of the key factors behind the price surge, market reactions, and future predictions for copper prices.

Beyond Wealth: Giving Compass for Business Simplifies Philanthropy for Financial Advisors

Giving Compass for Business, one of these innovations is gaining popularity since it provides a fresh method for incorporating generosity into wealth management.

Belgian Billionaire Shukhrat Ibragimov Puts Private Jet on Market for $46m

Shukhrat Ibragimov, the chairman of mining giant Eurasian Resources Group (ERG), has put his Dassault Falcon 8X up for sale for $46 million.

Must Read

IC Funded: Revolutionizing Prop Trading for Retail Traders

IC Markets has recently launched its proprietary trading platform, IC Funded, and it's already creating a buzz in the trading community. What started as a soft launch has now captured the attention of traders worldwide, highlighting a significant shift in how retail traders can access capital and participate in the markets.

Protecting Your Practice: The Importance of Professional Liability Insurance for Professionals

In today's complex and litigious business environment, professionals across various industries face numerous risks that could jeopardise their practice. From legal claims and client disputes to regulatory investigations, the potential threats are vast.

As Copper M&A Wars Escalate, Solaris Resources' Warintza Project Stands Out

The mining industry has been busy with mergers and acquisitions (M&A) activity in recent years, and 2024 has been one of the busiest. Major mining companies are all vying for a piece of the action in the promising copper sector. As the global push towards electrification and clean energy intensifies, the demand for copper—a critical component in electric vehicles, renewable energy systems, and infrastructure—is expected to soar. This has sparked even more interest from mining giants looking to secure their position for production.

Amin Makhlouf: Redefining Real Estate Transactions with Digital Innovation

In an industry often rooted in tradition, Amin Makhlouf brings a fresh perspective, combining youthful energy with groundbreaking ideas in real estate. As the founder of Makyee, he's transforming the way properties are bought and sold in Dubai, aiming to make these processes more accessible, efficient, and transparent.

Is Mr. Black Being Silenced by X in His Mission to Bring About the Messianic Age?

The enigmatic artist Mr. Black, known for his cryptic street art and ambitious 21,000-piece ordinal collection on the Bitcoin blockchain, claims that the Messianic Age will be revealed once the collection is fully minted. However, recent developments suggest that Mr. Black might be facing censorship on the social media platform X, formerly known as Twitter.

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