China’s Didi raises over $5.5b in record tech funding


The round was said to have raised the four-year-old startup’s valuation to about $50 billion.

Uber reviews India leasing scheme as driver incomes drop

Global ride-hailing firm Uber Technologies is rethinking its car leasing strategy in India, its second-biggest market, as drivers have returned dozens of leased cars early after the company cut incentives, people familiar with the matter told Reuters. Uber had planned to buy 15,000 new cars last year and lease them out… Read more »