ride-hailing service

A taxi driver is using Didi Dacha App

Competition Heats Up In China Between Uber And Didi Which Raised Funding Target to Over $1.5 Billion

Didi's target for funding has raised to $1.5 billion to compete with Uber in China. Didi operates in 400 cities and is expected to accelerate to about 10 million at the end of the year.

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Uber Taxi App In Madrid

Uber Spends and Losses Big on International Expansion, Challenged by Regulations and Rivalry

An official filing revealed that Uber is facing huge loss in its international operation, as the company spent big on global expansion. The main factors of the loss are regulatory obstacles and local rivalry.

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THAILAND-UBER-INTERNET-TAXI

UberMOTO Now Services Bangkok, Rivals GrabTaxi's GrabBike

UberMOTO is now made available in Bangkok competing GrabTaxi's GrabBike. Due to the staggering loss it incurred in China, Uber finds Bangkok as a fit location to pilot its motorcycle service program that will give two free rides to first-time riders until March 15 as its celebratory offer.

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