LINE

Text:AAAPrint
Business

Didi denies Uber report

1
2016-07-22 09:03Global Times/Agencies Editor: Li Yan

Chinese ride-hailing service giant Didi Chuxing reportedly denied plans to purchase Uber China on Thursday.

"We have no plans to merge with Uber China and we don't comment on rumors," said Didi Chuxing, domestic news portal stcn.com reported on Thursday.

Some institutional investors are pushing Uber China to sign a partnership agreement with Didi, Bloomberg reported Thursday, citing people familiar with the matter.

It said both are throwing money in China to fight for dominance.

Didi has seen 14 million drivers sign up in more than 400 Chinese cities, Didi Chuxing President Liu Qing said in June at the 2016 China Internet Conference in Beijing.

Uber China hopes to operate in 100 Chinese cities this year, according to Bloomberg.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.