The president of the world’s largest ride-hailing company talks to FinanceAsia about international expansion, the safety record of robo-taxis and why DiDi should not be valued like Uber or Lyft.
The private equity investor sees value in the China-focused aircraft parts distributor as the Middle Kingdom increasingly becomes the engine of growth for the industry. The US-China trade war has not as yet dented sales, helped by gradually maturing fleets.
Although New Delhi ended the state monopoly two decades ago, it has not created a level playing field for private carriers in the aviation industry. Unless that changes, the industry could continue to struggle.
The ride-hailing market in China is saturated and smaller players are now entering into new markets like electric and logistics vehicles to avoid direct competition with the dominant players.
Ride-hailing firms are ideally placed in the race to put autonomous vehicles on the road, argues the Chinese unicorn’s CTO. Didi is making a big push to be first.
After putting up its aircraft leasing business for sale for nearly two years, the Malaysian budget carrier finally struck a deal with BBAM for $1.18 billion.
The operator of India’s largest airline is seeking to raise more than it did via its IPO less than two years ago, with Air India's international operations still on its wish list.