Southeast Asia's leading ride-hailing platform Grab announced the completion of its latest round financing of USD2.5 billion, including USD2 billion …

Chinese ride-sharing app Didi Chuxing is adding a new business model: car rental service. The company today launched its own …

During the late Steve Jobs' entire tenure as chief of Apple, he never visited China. But now the company is …

Uber China announced that the company will invest CNY63 million to build an operating center in the Wuhan East Lake High-tech Development Zone. This is Uber's first major operating center outside North America. Meanwhile, it boasts the largest area and highest investment for the company. According to Uber, this new operating center will be an […]

China Mobile and Deutsche Telekom have signed a joint venture agreement to establish an automobile company in China. With each party holding a 50% stake, the new joint venture will reportedly have registered capital of CNY180 million and the total planning investment will reach CNY270 million. The joint venture will take advantage of Deutsche Telekom's […]

Yongche.com, a Chinese rental car company, will cooperate with search engine Baidu.com to launch a business car hire service. With this move, Baidu follows fellow Internet companies Alibaba and Tencent into the rental car business. The new business car hire service app will be based on Baidu maps and an Android version will be released […]

China's Internet consumption maintained rapid growth and the 3,000 retail enterprises monitored by China's Ministry of Commerce realized a year-on-year increase of 34.7% in the Internet sales sector from January to September 2013. Mofcom predicted that during the first three quarters of 2013, the Internet consumer retail sales would reach CNY1.3 trillion, which is equal […]

Airbiquity plans to offer its full suite of telematics and connectivity solutions to the Chinese telematics market through its newly-formed mainland company Ai Bi Ke Communications Technology Company.