China has approved “a certain number” of export permits for rare earth elements and related items, its commerce ministry spokesman said on Thursday. The move comes a day after U.S.

China's largest ride-hailing platform Didi is stepping up efforts to enhance driver recruitment and spur consumption with a 2 ...

One of the company's biggest competitors, China's Didi Chuxing, is buying another ride-hailing company from Brazil, 99. The deal is set to make Didi even bigger and pits its services against Uber ...

Chinese tech company Didi Global Inc said it will revive its food delivery operations in Brazil under the brand 99 Food, leveraging its existing local travel and payment ecosystems to enhance the ...

For instance, in Brazil, DiDi acquired 99, which was the leading local ride-hailing platform at the time of acquisition. After acquiring 99, DiDi leveraged its existing technology platform and ...

BRASILIA/SAO PAULO (Reuters) - China's ride-hailing application Didi Chuxing has agreed to acquire control of Brazil's 99, the companies said in a statement on Wednesday, potentially creating a ...

“99.99% of trips connected through the platform end without incident,” said Ordónez. “However, it is vital to develop ever-more innovative ways and refined processes, so that those who benefit from ...

A major rival to Uber in Latin America and a subsidiary of Chinese ride-hailing giant Didi, 99 has set a goal to put 10,000 EVs on the roads by 2025. Didi has had a long-time alliance with BYD, with ...

DiDi burned a lot of investors after its disastrous IPO. The suspension of its Chinese apps, delisting threats, government pressure, and widening losses have all crushed the stock. DiDi’s stock ...

Meanwhile, DiDi will likely focus on diversifying its business away from China, where it generated roughly 98% of its revenue last year. It already owns Brazil's 99 Taxis, stakes in Lyft and ...

By Raymond Zhong In less than a week, China’s leading ride-hailing platform, Didi, has gone from investor darling with a megabucks Wall Street debut to the biggest new target in Beijing’s fast ...