You Searched For "didi chuxing" and got 20 results
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1 min read
Didi climbs as the ride-hail giant reportedly considers handing over control of data to placate Chinese regulators
The ride-hailing firm has suggested various proposals, including handing over its data management t…
Isabelle Lee
3 mins read
The Evergrande crisis and Beijing's tech crackdown have rattled investor confidence in China, but 2 experts say they're still bullish on the world's 2nd-largest economy
"I believe very strongly that Chinese tech will weather the current rough storms," Fred Hu of Prima…
Isabelle Lee
1 min read
Didi surges 12% and leads other Chinese stocks higher as investors eye a bottom for the recent free-fall
The slight reprieve for Didi - and for other US-listed Chinese giants - still pales in comparison t…
Ethan Wu
1 min read
Didi falls as Chinese officials send police to offices as part of sweeping cybersecurity probe
A task force of seven ministries was sent to conduct an on-site review at Didi's offices as Beijing…
Carla Mozée
1 min read
Didi slides 11% after China launches a cybersecurity review of the company days after its US IPO
China's internet regulator said it wants to prevent "national data security risks" with its review …
Carla Mozée
2 mins read
Didi's US shares plunge 25% after China cracks down on ride-hailing app, just days after $68 billion IPO
China on Sunday ordered app stores to remove Didi, the country's biggest ride-hailing app, only day…
Harry Robertson
2 mins read
Bigwigs at 'China's Uber' Didi and Lenovo have retreated from the social media platform Weibo, joining other Chinese tech moguls who are hiding from public view
Didi's Jean Liu and her father, Lenovo head Liu Chuanzhi, are the latest tech leaders to pull back …
Weilun Soon
2 mins read
GOP Sen. Marco Rubio slams Didi's US listing as 'reckless and irresponsible' - and calls it an unaccountable Chinese company
Didi's lack of accountability puts American retirees at risk and funnels desperately needed US doll…
Shalini Nagarajan
1 min read
Chinese regulators will tighten controls of domestic firms listed overseas following a cybersecurity probe of Didi
China officials said they will ramp up the regulation of cross-border data flow and tighten measure…
Isabelle Lee
2 mins read
China's richest tech titans have seen $87 billion of personal wealth wiped out since the start of July amid government crackdown
Alibaba founder Jack Ma has been spared some of the worst losses recently, but that is in part beca…
Ethan Wu
2 mins read
The SEC has frozen US listings of Chinese companies as it demands new disclosures of government meddling risks
Chinese IPO activity has stalled in the wake of the government's hard line on many newly-listed fir…
Ethan Wu
1 min read
Chinese regulators held talks with global financial institutions to ease jitters caused by Beijing's crackdown, report says
Chinese regulators didn't expect their crackdown to spook investors as much as it did, said a perso…
Ethan Wu
2 mins read
Nearly 600 IPOs rolled out globally in the second quarter, dominated by traditional listings while SPAC activity cooled, says EY
Traditional IPOs boomed in the quarter while SPAC formation slowed, partly due to heightened scruti…
Carla Mozée
1 min read
Chinese ride-hail giant Didi is reportedly eyeing a $70 billion valuation for its upcoming US IPO
Didi Chuxing, which roughly translates to "beep beep travel," is making its US debut in an especial…
Ethan Wu
1 min read
Uber stock slips as Chinese rival reportedly plans to enter the Western European market
Uber stock was weighed down by a report that Chinese rival Didi is looking to enter the ride-hailin…
Carla Mozée
1 min read
Chinese ride-hailing giant Didi to delist from NYSE and move to Hong Hong Stock Exchange
China's government has been pressuring the company for months after the company went ahead with a U…
Alistair Barr
1 min read
Chinese ride-hailing giant Didi eyes US IPO at $100 billion valuation, report says
The Chinese company is said to be weighing its options between New York and Hong Kong for its IPO, …
Isabelle Lee
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
6 mins read
Here's how much Uber, Softbank and Tencent can possibly gain from Didi’s IPO — the largest Chinese share sale since Alibaba
China’s ridesharing behemoth, Didi Chuxing, is finally ready to go public after years of speculatio…
2 mins read
Chinese companies that went public in the US this year have tumbled 34% on average during Beijing's crackdown on big business
Chinese stocks listed in the US have slumped as "no company appears safe from a Beijing crackdown,"…