October 19, 2017 3:58 AM ET

Software

Company Overview of UberChina

Company Overview

UberChina develops and operates a mobile application that connects passengers with drivers for hire. The company is based in Beijing, China. As of September 22, 2016, UberChina operates as a subsidiary of Hangzhou Kuaizhi Technology Co., Ltd.

Beijing,  

China

Key Executives for UberChina

UberChina does not have any Key Executives recorded.

UberChina Key Developments

Didi Dache And UberChina Deny Merger Rumor

Beijing Xiaoju Keji Co., Ltd. (Didi Dache) and UberChina recently denied the rumor about their merger. Didi said it has no plan to be combined with Uber China, while Uber China said it will not comment on the rumor and speculation.

Uber China Appoints Cheng Wei to its Board

Didi Chuxing announced a strategic agreement with Uber under which Didi Chuxing will acquire all assets of Uber China. Cheng Wei, founder and chairman of Didi Chuxing, will join the board of Uber. Travis Kalanick, founder of Uber, will join the board of Didi Chuxing.

UberChina Reportedly To Merge With Didi

UberChina is to merge with Hangzhou Kuaizhi Technology Co., Ltd., reports said. The deal will give Uber a 20% share in the combined firm, Bloomberg News reported, adding it will be valued at $35 billion. As reported, the structure of the agreement leaves Didi Chuxing in unquestioned control. China-based spokesmen for both Uber China and Didi Chuxing did not immediately respond to requests for comment.

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
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