Didi, Uber’s China Rival, announced a total number of 1.43 billion orders in 2015 including taxi, private car, carpooling, bus, test drive, corporate service and other services. And, the total number of registered Didi users had reached 250 million by the end of 2015.
Uber China finished nearly US$1 billion financing from Baidu, China Credit Bank, and other large enterprises in China, which made its valuation approximately US$7.5 billion. However, this hasn’t been confirmed by Uber. Uber has also been financing, and the current valuation is about US$51 billion, surpassing the Chinese mobile phone manufacturers Xiaomi to be the […]
As one competitor of Shenzhou Car Rental Service who’s listed in Hong Kong Stock Exchange, eHi Car Rental Service is making struggling to catch up. However, according to its finance data, it still faces many challenges and the gap with Shenzhou Car Rental Service in total revenue is getting bigger.
As you can see in the above search trend graph, car rental business is taking off in China.