Uber China

Baidu Self Driving Bus to Hit the Road in Three Years

Baidu Inc., the China Internet giant prepares its self-driving bus to hit the road in the next three years.

Yahoo co-founder joins Didi Kuaidi

Didi Kuadi, largest car hailing app in China, has appointed Yahoo co-founder Jerry Yang as a senior advisor and board observer to the ride-hailing app firm as it battles Uber technologies for market share in China. In a statement, the company said Yang’s experience will help it build its mobile platform, which is already used by 250 million people in China. Both companies have stepped up their plans to expand in China recently, signaling tougher competition in the years ahead.

Uber Expected To Roll Out A Huge Expansion In China

Uber is planning to expand itself in around China's dozens of cities along with billions of investment in a country all of this happening within a year.

Uber invested $1 billion for its China operation

Uber announced that the company has increased its investment in China to be closed to $1 billion. The investment is mainly for applying a permit and as a strategy to increase the company's market domination which is currently dominated by Chinese own Didi Kuaidi.

Uber Plans Expansion to 100 Cities in China and Take on Biggest Chinese Rival

Uber plans to expand to 100 more cities in China when it raised $1.2 billion to contest China’s number one taxi-hailing company Didi Kuaidi.

Uber Closing In on $1B Fundraising Campaign

Uber China draws near the closing of its $1B campaign for expansion plans. Investors have decided to fund Uber and raise its valuation to around $7.5 billion.

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Goldman Sachs Targets Private Equity After Credit Suisse Shakeup

In an attempt to fill the hole left by unrest at regional banks and the sale of Credit Suisse, American investment bank Goldman Sachs is pushing its way into the lending market for asset managers and private equity.

Tight Grad Market? Here's How to Get Hired (On a Budget!)

A survey from the National Association of Colleges and Employers states that employers intend to recruit 5.8% fewer recent college graduates from this year's class than they did from the class of 2023.

Build Lasting Wealth with These Expert-Backed Passive Income Idea

There are still some proven passive income techniques available that yield positive results.

Dow Unexpectedly Soars to 40,000, Marking the Highest for Wall Street

The Dow just reached 40,000 for the first time, marking the latest high point in an unexpectedly successful year for Wall Street.

Sustainable Investing Made Easy: Low-Cost ESG Fund Options for May 2024

Regular investors continue to desire ESG funds, despite some opponents labeling them as "woke" investing. These funds consider a portfolio's firms' financial fundamentals in addition to their environmental, social, and governance considerations.

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Walmart Stock Up by 7%, Forecast Hints at Continued Buying Power

In accordance with prior comments made by one of its major suppliers and a competitor retailer, Walmart's optimistic outlook for the retail industry on Thursday indicated a solid consumer base in the United States.

Brothers Arrested After Planning to Steal $25M in Cryptocurrencies from Ethereum Blockchain

According to a recently released indictment, two brothers from New York and Boston were placed under federal arrest on Tuesday.

Don’t Sweat the Bills: Resources to Help You Pay for Utilities

The most recent data from the Consumer Price Index shows that, from March 2023 to March 2024, the index for electricity increased by 5%, which is more than economists would want to see. (Electricity rates increased by 0.9% from February to March 2024.)

Social Security 2025: Cost-of-Living-Adjustment Increased to 3.2%, But Will It Keep Up?

After the government announced that April inflation was in line with experts' predictions, the most recent estimate of Social Security's cost-of-living adjustment 2025 increased to 3.2%, according to new figures released on Wednesday.

Real Estate Not Stocks Give the Greatest Long-Term Investment, Survey Shows

According to a recent Gallup poll, even though the majority of Americans have money stashed away in the stock market, they don't think it makes the greatest long-term investment. What then is it?

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