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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   


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Uber lost almost $6 billion in the first quarter as shares of Asian ride-hailing giants Didi and Grab tanked

Shares of China-based Didi and Singapore-based Grab have plunged since they were listed in the US l…

Huileng Tan   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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Weilun Soon   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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Didi plummets 42% and extends pain for Chinese stocks as it halts plan to list shares on Hong Kong exchange

Chinese stocks were already under pressure after the SEC identified five companies that could be de…

Matthew Fox   


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Weilun Soon   


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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