• SUCCESS
    China Envisions Moon Base After Far-Side Success

    China will seek to establish an international lunar base one day, possibly using 3D printing technology to build facilities, the Chinese space agency said Monday, weeks after landing a rover on the moon’s far side. The agency said four more lunar missions are planned, confirming the launch of a probe by the end of the […]

  • SUCCESS
    Why China is Wishing PM Modi Success For His Meeting With Trump

    China and India don’t always see eye to eye on important issues, but our larger neighbour is closely watching how Prime Minister Narendra Modi’s visit to the United States pans out and is hoping Modi is able to sway US President Donald Trump on important issues. This turnaround in Beijing’s concerns has come as the […]

  • NEWS
    Pentagon asks China to ‘immediately’ return intercepted US naval drone

    A file photo of US Navy survey ship USNS Bowditch which was on a routine operation 50 nautical miles northwest of Subic Bay in the Philippines. Photo: AFP/ US Navy Washington: The Pentagon demanded that China return a US Navy underwater drone captured in international waters in the South China Sea, a confrontation likely to […]

  • STARTUPS
    Uber can’t afford to lose in India after Didi merger in China

    If Uber does make India its top priority, it may affect Ola’s ongoing fundraising efforts. Photo: Hemant Mishra/Mint Bengaluru: After the merger of Uber’s China unit with Didi Chuxing, the largest ride-hailing service in China, India may become for Uber what it is for another American tech giant, Amazon: a market it cannot afford to […]

  • STARTUPS
    Uber sells China ops to Didi, frees itself to expand in other markets

    The new entity combines Didi’s most recent valuation of $28 billion and Uber China’s $7 billion valuation for the $35 billion market capitalisation. Photo: Reuters Bengaluru: Uber Technologies Inc. is selling its China operations to fierce rival Didi Chuxing, ending an expensive price war and freeing it up to focus on other markets and possibly […]

  • STARTUPS
    Samsung Galaxy Note 7 Launched With 4GB RAM, 64GB Storage in China

    HIGHLIGHTS Samsung Galaxy Note 7 with 4GB of RAM launched in China Rumours indicated that 6GB RAM variant might be launched for country Company admitted earlier that it was considering a 6GB RAM variant In a strange turnaround that contradicts its earlier statements, Samsung has launched Galaxy Note 7 in China with 4GB of RAM […]

  • STARTUPS
    China Regulator Says Didi, Uber Deal Will Need Mofcom Approval

    A merger between Chinese ride-hailing firm Didi Chuxing and the China unit of US rival Uber could face its first hiccup after China’s commerce ministry (Mofcom) said on Tuesday it had not received a necessary application to allow the deal to go ahead. Didi’s acquisition of Uber’s China operations, announced on Monday, will create a […]

  • NEWS
    Uber to Merge China Operations With Rival Didi Chuxing: Report

    Ride-sharing giant Uber is to merge its China operations with local rival Didi Chuxing, reports said Monday, ending a ferocious battle for market share in the world’s second-largest economy. The deal will give Uber a 20 percent share in the combined firm, Bloomberg News reported, adding it will be valued at $35 billion (roughly Rs. […]

  • STARTUPS
    Uber backers push for Didi Chuxing deal in China

    Uber and Didi Chuxing are bleeding cash in China as they fight for dominance in the world’s most populous country. Photo: Reuters New York/San Francisco/Hong Kong: Uber Technologies Inc.’s investors have a message for the management: It’s time to wrap up the costly fight in China. Several institutional investors are pushing the ride-hailing company to […]