In last March, five months after taking investment from LeEco, YidaoYongche made up the decision to become the second best player in the cab-hailing sector and announced the concept of the ecosystem of cabs. While the company’s rivals were lowering the subsidy amount, YiDao continued to cha...
Yidao Yongche (or Easy Go), a car-hailing company based in Beijing, announced on June 28 that it has recently brought in a new major investor. As a result, former controlling shareholder LeEco (or Le.com, Leshi, LeTV) no longer holds a majority stake in the company. Yidao’s original...
In last March, five months after taking investment from LeEco, YidaoYongche made up the decision to become the second best player in the cab-hailing sector and announced the concept of the ecosystem of cabs. While the company’s rivals were lowering the subsidy amount, YiDao continued to cha...
(Yicai Global) July 14 -- Taoyun Capital has reached an agreement with LeEco on acquiring a stake in Yidao Yongche, Beijing-based ride-hailing service provider, and injected the first batch of capital into it on June 30 to help provide funds for drivers' fee withdrawals. Yidao held a sh...
(Yicai Global) May 17 -- Gong Zhenbing, former chief executive officer of Baidu Waimai, the food ordering and delivery platform which Baidu Inc. sold to rival Ele.me backed by Alibaba Group Holding Ltd., joined China's ride-hailing platform Yidao Yongche, operated by TWC Grou...
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