The ride-hailing battle in China continues to ramp up, with Bloomberg reporting late Thursday that Didi Kuaidi is set to raise a $...
Ride-hailing battle in China heats up as Uber rival set to raise $2B at $25B valuation
Tag Archives: rival
Craigslist rival OfferUp tests mobile payments in Seattle, letting buyers pay sellers inside its app
OfferUp is quietly testing mobile payments for users of its community marketplace in Seattle, giving buyers the option to pay sellers through its app without exchanging cash — and giving itself another potential selling point over Craigslist, the widely used but hopelessly outdated titan of local buying and selling.
Corbis + Getty: Bill Gates’ sale of Corbis Images to Chinese firm sets up distribution deal with rival
Two of the world’s leading photographic libraries, longtime rivals in the industry, are joining forces as a result of a pair of deals announced today. Seattle-based Corbis, owned by Microsoft co-founder Bill Gates, this morning announced the sale of Corbis Images to an affiliate of...
GM buys Uber rival Sidecar, which shut down in December
(credit: Photo illustration by Aurich Lawson)
General Motors has acquired the technology and most of the employees behind the now-defunct ride-hailing startup Sidecar, according to Bloomberg. Sidecar Co-founder and CEO Sunil Paul will apparently not be joining the company, but no explanation was given as to why.
The deal bolsters GM’s move into the driverless quasi-taxi space—earlier...