Improving auto retail efficiency and product flexibility are among the new platform’s goals.
Chinese authorities demand drivers on ride hailing platforms have a local license plate and a local hukou.
UCAR is the first ride-hailing firm on New Third Board, and its net revenue was USD 147 million in Q1 2016.
UCAR says it is sticking to its specialty in providing standardized premium car services because it offers people an efficient alternative to hailing a taxi and a safer alternative to hailing an unlicensed one.
For parents who don’t have time to pick up their children, Didi will screen drivers and equip cars to offer services customized for children.
UCAR confirmed its latest round of financing and its application to list on China’s New Third Board.
UCAR has confirmed a strategic cooperation with Alibaba after introducing new services and a membership system.
Didi’s VP of Strategy has confirmed that Didi completed a new financing round and the company’s valuation is expected to surpass former predictions.
As China’s fourth largest ride-hailing company, is UCAR in a new financing round involving Alibaba in order to compete with its rivals?
UCAR aims to provide “safe” ride-hailing for pregnant women by enforcing standards for vehicles and drivers, and providing pregnancy-related knowledge and safeguard measures.