Volkwsagen, Didi Chuxing plan high-end car hailing service in China
Add BT as a preferred source
[GUANGZHOU] Volkswagen AG said on Thursday it was in talks with China's Didi Chuxing to set up a high-end car hailing service venture in China, the latest in a rush of tie-ups between automakers and technology firms seeking to profit from new ride services.
Didi Chuxing is China's largest ride-hailing company, with 300 million users across more than 400 cities in China.
It cemented its dominance in the domestic market earlier this year, when it bought Uber's operations in the country.
Volkswagen, one of the world's biggest automakers, also announced this year that it is investing in ride-hailing company Gett.
In similar moves, General Motors has invested in ride-hailing service Lyft and Toyota Motor Corp has a partnership with Uber Technologies.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
As luxury retail goes big, can Singapore’s Orchard Road keep up?
