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Bids of $3bn were lodged in the $400m debut fundraising for Didi Chuxing’s logistics unit
US stocks dropped as Treasury yields touched records lows on Thursday and bank shares led the way
Disruption yet another obstacle on Chinese ride-hailing app’s long road to profitability
Resumption of carpooling could boost lossmaking start-up as rival apps mount challenge
City hopes to cut private cars by half within three years in Jiading pilot zone
Move comes as ride-hailing group seeks to raise funds as ‘capital winter’ chills tech sector
Safety fears dog China’s car-hailing leader as new challengers threaten its dominance
Thousands of positions disappear, along with employee perks, as companies trim costs
Agreement adds to ride-hailing company’s existing partnerships with 12 carmakers
Chinese ride-hailing app will use location data to determine credit-worthiness
Transport ministry to fine ride-hailing app’s executives after deaths of 2 women
Chinese ride-hailing group brings in measure after furore over murders of 2 customers
China ride-hailing company is paying out billions of dollars annually in subsidies
Group backed by Daimler and Didi Chuxing follows Bird and Lime to French capital
Moves come as Didi Chuxing China murders renew spotlight on ride-hailing industry
Dominant ride-hailing company faces serious challenges from regulators
Chinese ride-hailing company at the centre of controversy following two women’s deaths
Ride-sharing group denounced by state news agency for negligence in woman’s killing
Apps backed by rivials offer subsidies while fears rise over strategy and environment
The answer for incumbents in any industry is to embrace the model of the disrupter
Discussions come after costly fight for market share has reduced sector to two players
SoftBank chief’s call for embrace of services such as car-booking should be welcomed
Joint venture bids to crack $15bn market despite cab industry’s resistance
Move to pay back all its Chinese users’ deposits challenges smaller rivals less able to absorb costs
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