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Priceline is investing $500 million in Didi Chuxing, China's largest ride-hailing company. [TechCrunch]

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SmittenKitten
2013 Rider
 Posted 2 years, 2 months ago

This seems like a pretty significant news on how the travel websites are starting to invest in rideshare companies... and it isn't with the American Uber.

Priceline will work closely with Didi to offer its on-demand car services through its Booking.com apps, and Didi customers will have the option to book hotels through Booking.com and its sister site Agoda. Booking also operates Kayak, Priceline.com, Rentacars.com and OpenTable, which makes it a powerful ally for Didi, which is in global expansion mode.

https://techcrunch.com/2018/07/17/booking-didi-500-million/

Comments

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    dianeJH
    71
     2 years ago

    I read that this deal IS NOT about the money for DiDi, I mean they already have billions of dollars thanks to multiple investors/funding rounds. But they are looking at this move from a stretegic standpoint and I think it is quite smart.

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      JessMin99
      148
       2 years ago

      It's brilliant.  They got their hooks into the US travel industry.  Did it overnight.  Great move.

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    RedANT
    1067 Rider Driver
     2 years ago

    The only reason they're interested in rideshare is because of the growing number of travelers using rideshare instead of taxi and car rentals.  

    Is this a good move on their part?  Maybe, depending on the future of DidI.  Hopefully this choice by Priceline is better than their decision to choose William Shatner as their spokesman.  😷

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    ha
    23 Rider
     2 years ago

    I wish DiDi would come to the US cry

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      actingfool
      79
       2 years ago

      I am sure your wish will be granted soon lol Just a matter of time

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      DDominico69
      170 Driver
       2 years ago

      You communist loving anti-American.

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        ha
        23 Rider
         2 years ago

        I'd rather be called that than a Trump supporter.

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    drakespit
    42
     2 years ago

    I was just coming here to post this. Big news. Another win for DiDi. Watch out Uber.

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    chawes
    749 Rider Guru
     2 years ago

    Uber's gotta be running scared now. The writing is on the wall. Didi and Ola will be in the US before long and they are gonna crush it.

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      CrazyCrayons
      145
       2 years ago

      Knee clubbing Uber will go wild in 2019.

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        JPoland
        179 Driver Driver
         2 years ago

        Did isn't stupid.  This is why they hired Priceline.com to protect them, play the politics, approach lobbyists, etc.