Hyperloop Transportation Technologies to build Hyperloop in Southwest China with local partner

Hyperloop Transportation Technologies (HTT) will be building a Hyperloop track in the city of Tongren in Guizhou province, the Chinese government has confirmed. The concept of a hyperloop is to bring the speed of an airplane to ground transportation. HTT has ready signed a commercial contract with the Tongren Transportation & Tourism Investment Group of the People’s […]

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Didi and Softbank to launch taxi-hailing service in Japan

China-based global ride-hailing giant Didi Chuxing has launched Didi Mobility Japan, a joint venture with Japanese conglomerate SoftBank. As ride-hailing is prohibited in Japan, Didi is focussing mainly on taxi operations. Its entrance into the local market will center on tech infrastructure support, which eyes technical and big data, and related driver and user experience […]

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China’s mobile economy grew by over 20% amid intensifying competition

Driven by a growing number of mobile internet users, gross internet-based trading volume hit RMB 8.42 trillion ($ 1.25 trillion), a 22.2% increase compared to 2017, according to a report by QuestMobile. The report (in Chinese) covers China’s mobile ecosystem for the first half of 2018 and focusses on topics including mobile economy business models, new […]

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