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1 min read

Didi pares losses after China cybersecurity review sends stock plummeting

Some members of Congress have blasted China's Didi move, calling for an SEC investigation into whet…

Ethan Wu   


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2 mins read

China expands security review beyond Didi, sending shares of 2 US-listed Chinese tech companies plunging

Stock of Full Truck Alliance and Kanzhun were under heavy selling pressure after China launched sec…

Carla Mozée   


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2 mins read

Stripe hit a $95 billion valuation, leapfrogging SpaceX, Instacart, and Didi Chuxing on the leaderboard of tech giants

Stripe's new $600 million fundraise makes it the most valuable private company in Silicon Valley, a…

Kate Duffy   


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Chinese companies listed in the US must disclose the potential for government interference or risk violating the law, top SEC official says

The collapse of Didi stock has attracted attention from politicians and regulators who say the comp…

Ethan Wu   


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Banks are reportedly scrambling to move IPOs of Chinese companies from New York to Hong Kong after regulators cracked down on overseas listings

The move into Hong Kong is an abrupt shift for corporate China after 34 Chinese firms raised $12.4 …

Ethan Wu   


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Some investors are betting big on Chinese tech despite Cathie Wood's warning of a 'valuation reset'

One reason could be that pessimism about China's regulatory environment is already priced into the …

Ethan Wu   


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After Perth, Ola is now ready to serve Sydney

The homegrown ride hailing company began its global expansion after receiving investment from Ch…

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Didi has secured record funding, and Uber should be worried

"The biggest risk any investor faces isn't losing money," says Andy Mok, managing dir…

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Here’s why Uber’s Kalanick should fear Softbank founder Masayoshi Son

In the past, Son has convinced the Saudi Arabian government to fund $45 billion in SoftBank Vi…

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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…

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2 mins read

Uber’s now got a huge ace up its sleeve in India with Didi Chuxing on-board

To kick this off with a few basic facts of the much-touted deal. Uber China has merged with China’…

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1 min read

Here’s how Uber’s merger with Didi Chuxing will impact its business in India

As per the deal, China continues to be a tough market for US-based companies, but it could give the…

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1 min read

Low-cost and luxury rides aside, Ola now has finance too to give Uber a tough competition

Not only this, it has also increased focus on customer experience, and not to forget, it brought on…

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2 mins read

European stocks edge lower as investors eye the spread of the Delta variant, while China's tech sector weighs regulatory scrutiny

Covid-sensitive assets struggled, with the STOXX 600 Travel & Leisure index falling in its third su…

Shalini Nagarajan   


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The $171 billion of US IPOs in 2021 is already a full-year record

There is a slew of hotly anticipated IPOs still to come, with debuts expected from payments firm St…

Isabelle Lee   


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Coronavirus fears prompt Chinese ride-hailing app DiDi to install protective sheets in vehicles and give masks to drivers

As people adapt to life under quarantine and preventative measures, ridesharing app DiDi Chuxing ha…

Mary Meisenzahl   


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2 mins read

10 things you need to know before the opening bell

This is what traders are talking about.

Saloni Sardana   


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Uber is merging with Chinese rival Didi - here are 3 things Didi plans to do next

The news comes a few months after Didi received a $1 billion investment from Apple. The company ave…

Danielle Muoio   


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DIDI INVESTOR: We're glad the 'nuclear warfare' has stopped

"Among all the foreign internet companies, Uber has put up the best fight in China. They're really …

Portia Crowe