China's Didi to restructure following passenger murders

China’s largest car-hailing company is facing relentless pressure from all fronts. Beijing-based Didi Chuxing reportedly lost a staggering 10.9 billion yuan ($1.6 billion) in 2018, according to financial data that Chinese news site 36Kr obtained. For some context, Uber posted a net loss of $939 million on a pro forma basis and an EBITA loss at $527 million during […]

China's Didi to restructure following passenger murders

Chinese ride-hailing leader Didi Chuxing will streamline operations and make cuts to non-core business units as it doubles down on safety after the murders of two passengers clobbered its image, ...

Fri 15 Feb 19 from Phys.org

Exclusive: China ride-hailing giant Didi plans Chile, Peru launches to take on Uber

Chinese ride-hailing giant Didi Chuxing is planning to take on U.S. rival Uber in some of Latin America's fastest-growing markets, recruiting managers in Chile, Peru and Colombia, according ...

Fri 15 Feb 19 from Reuters Technology

China’s Didi is laying off 15% of its staff

China’s largest ride-hailing firm Didi plans to let go 15 percent of its employees or about 2,000 people this year, sources told TechCrunch. The cut comes as the beleagured transportation ...

Fri 15 Feb 19 from TechCrunch

China ride-hailing giant Didi to lay off 15 percent staff this year: source

Beijing-based ride-hailing giant Didi Chuxing will lay off 15 percent of its staff this year, or about 2,000 employees, a source familiar with the matter told Reuters on Friday.

Fri 15 Feb 19 from Reuters Technology

China’s Didi reportedly lost a staggering $1.6 billion in 2018

China’s largest car-hailing company is facing relentless pressure from all fronts. Beijing-based Didi Chuxing reportedly lost a staggering 10.9 billion yuan ($1.6 billion) in 2018, according ...

Thu 14 Feb 19 from TechCrunch

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