PODCAST: WeRide’s Spin with Uber, and Starbucks’ New China CEO
Uber will offer WeRide robotaxi services starting in the UAE. Is this a big deal, or mostly symbolic? And Starbucks names a new China CEO to revive its flagging local operation. Will that be enough to tackle the challenge from low-price companies like Luckin and Cotti?
WeRide drives into Uber partnership, as U.S. listing plan idles
The robotaxi operator will offer its service to Uber users starting in the UAE, though the pair don’t plan to work together in the U.S. or China for now Key…
Dida wins ride-sharing race to market, but could stay stuck in first gear
The company’s Hong Kong listing application was finally approved on its fifth attempt, paving the way for its IPO Key Takeaways: Dida has been approved to list in Hong Kong,…
Didi Slapped With Hefty $1.2 Billion Fine. How Was the Amount Determined?
The Chinese government announced an enormous fine of $1.2 billion on Didi but did not explain the methodologies behind the calculation Key Takeaways: China’s cybersecurity regulator imposed a big fine…
DiDi’s Delisting Plan Just the Start of a Tough Road Ahead
The company often called China’s Uber will convene a shareholder meeting on May 23 to vote on a plan to delist from New York less than a year after its…
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