You Searched For "didi global" and got 20 results
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1 min read
Didi soars 68% after report says China is set to end cybersecurity probe and allow new users on the ride-hailing app
Didi's apps are expected to return to China's domestic stores after Beijing's crackdown on the tech…
Carla Mozée
1 min read
DiDi sinks 22% as the China ride-hail giant plans to hold vote on potential delisting of US shares
DiDi will hold a shareholders' vote on the delisting of its NYSE-listed shares in May. The company …
Carla Mozée
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
Alibaba, Tencent and other Chinese techs slide in Hong Kong after Didi bows to pressure to delist in New York
Chinese techs in Hong Kong fell after ride-hailing giant Didi bowed to pressure to pull its US off…
Karen Friar
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
2 mins read
Chinese regulators call in Didi and 10 other ride-hailing companies, to tell them to fall in line immediately
Transport authorities told the ride-hailing services to review their use of unapproved drivers and …
Sophie Kiderlin
1 min read
Didi falls 10% on reports that China is planning heavy penalties for the ride-share giant following its US IPO
Regulators were looking at a range of penalties. Measures could include forcing the company to deli…
Isabelle Lee
3 mins read
US stock futures struggle as Omicron stays in the driving seat, while bitcoin keeps sliding after a weekend rout
Stocks waver as investors parse fresh Omicron headlines, with concerns about Federal Reserve tighte…
Shalini Nagarajan
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 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
1 min read
Didi surges on report it's weighing going private amid regulatory pressure
Didi denied the WSJ report, saying it is "not true" that it's considering a take-private transactio…
Carla Mozée
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-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
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
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
Chinese education stocks plunge as Beijing reportedly wants to turn tutoring companies into non-profits
Foreign capital investment into tutoring companies may be banned under potential rule changes.
Carla Mozée
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
1 min read
Nio falls as the EV maker plans biggest US stock sale by a Chinese company since Didi IPO
Nio's fundraising push comes as the auto industry continues to feel the squeeze of the global chip …
Ethan Wu
2 mins read
Leasing of industrial, logistics space highest in NCR in 2022 across top 8 cities: CBRE
Leasing of industrial and warehousing space was highest in Delhi-NCR and adjoining areas during 202…