You Searched For "softbank didi" and got 14 results
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2 mins read
SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with n…
Hasan Chowdhury
2 mins read
Investors are preparing to vote on whether China's ride-hailing app Didi will delist from the NYSE after year-long slide that erased $60 billion from its market value
Last June, Didi listed on the New York Stock Exchange despite Beijing's reluctance. Shortly after, …
Weilun Soon
1 min read
SoftBank would cut startup funding by half this year as losses cross $13 billion
Japanese investment giant SoftBank on Thursday reported a huge net loss of 1.708 trillion yen ($13.…
1 min read
Didi climbs following report Beijing's city government is seeking control of the ride-hailing company
Municipal investment in the ride-hailing app would give state-run firms control of Didi.
Carla Mozée
2 mins read
Didi's IPO will not make investors any money and the business is just as unprofitable as Uber and Lyft, a veteran stock analyst says
Didi jumped as much as 28% to $18 a share when it began trading on the New York Stock Exchange Wedn…
Emily Graffeo
2 mins read
Uber slides 4% on report SoftBank will shed a third of its stake in the ride-hailing app
China's recent crackdown on ride-hailing app Didi has reportedly cost SoftBank, its largest shareho…
Shalini Nagarajan
1 min read
Chinese ride-hailing company Didi became a retail favorite on its first day of trading
The stock was the top order from retail traders on Fidelity, beating Exela Technologies and AMC Ent…
Natasha Dailey
1 min read
Didi soars 28% in largest IPO debut for a Chinese firm since Alibaba, valuing ride-hailing firm at $86 billion
Didi is the second largest ride-hailing company by market value, behind Uber but ahead of Lyft, bas…
Matthew Fox
2 mins read
China orders the removal of the Didi app from stores, accusing the ride-hailing company of illegally collecting personal data
App stores will remove the Didi app as the company seeks to rectify what the government described a…
Victoria Cavaliere
10 mins read
BI Investigation: Is ‘Capital Dumping’ killing Indian Startups?
Capital Dumping is true and it’s happening and no one is doing anything about it. The government is…
1 min read
China's Didi Chuxing is eyeing a mega-IPO next quarter that values the ride-hailing service above $62 billion, report says
Didi is targeting an IPO as early as this summer at a valuation above the $62 billion it secured in…
Shalini Nagarajan
2 mins read
SoftBank is reportedly on the brink of revealing the sequel to its $100 billion Vision Fund
SoftBank could chip in as much $50 billion this time around, a big jump from the $28 billion the co…