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CHENG WEI
Uber lost China, but gained handsomely in Didi Global IPOShares of Didi Global rose 1% after the blockbuster IPO, ascribing the Chinese ride-hailing firm a market cap of about $68 billion. That ma...01 Jul, 2021, 03.58 PM IST- China's Didi worth $68 billion after US debutThe stock market debut vindicated Didi's decision to moderate its valuation expectations, after investors raised concerns over the pace and...01 Jul, 2021, 08.44 AM IST
- Didi Global valued at $80 billion in mega US IPO as shares soarSoftBank-backed Didi Global's stock opened at $16.65, compared with the IPO price of $14 per share. Its listing in New York is the biggest ...30 Jun, 2021, 11.16 PM IST
- China's Didi valued at $80 billion in mega US IPO as shares soarThe biggest Chinese listing in the United States so far this year was Full Truck Alliance, often referred to as "Uber for trucks", which ra...30 Jun, 2021, 11.08 PM IST
- China's Didi, BYD to launch co-designed ride-hailing EVThe move underscores how tech firms, from software makers for self-driving vehicles to car-sharing platforms, are disrupting traditional au...21 Sep, 2020, 04.02 PM IST
- Chinese transport authorities slam Didi for skirting safety measuresThe rebuke also comes as Didi struggles to counter increased waiting times in large cities, where residence restrictions of drivers have sl...28 Nov, 2018, 11.50 AM IST
- Mukesh Ambani leads Forbes list of Global Game ChangersForbes said the 25 trailblazers on the list are re- imagining countless facets of everyday life, from health to sending money to relatives ...17 May, 2017, 10.29 AM IST
- Uber's Kalanick should fear this 59-year-old billionaireChen foreshadowed the fundraising a month ago when she wrote that SoftBank would lead the deal, which at the time was being considered by C...27 Apr, 2017, 10.56 AM IST
- Didi Chuxing may become most valuable startup in China post $5 billion dealDidi counts more than a whopping 100 investors as backers - including Tencent, Alibaba, Tiger Global and China’s sovereign wealth fund Chin...27 Apr, 2017, 09.36 AM IST
- China's Didi opens R&D centre in US to attract global talentThe DIDI Labs in Mountain View, California will primarily focus on big-data-based security and intelligent driving technology, and are a la...09 Mar, 2017, 03.28 PM IST
- Uber investors said to push for Didi truceUber and Didi are bleeding cash in China as they fight for dominance in the world’s most populous country.Uber has said that it is spending...22 Jul, 2016, 01.52 AM IST
- Ola, Didi Kuaidi, Lyft, GrabTaxi enter into a partnership to counter Uber’s reach“This will be a win for the diversity and vitality of the global ridesharing industry,” said Cheng Wei, CEO of Didi Kuaidi.04 Dec, 2015, 06.04 AM IST
- Chinese car-hailing app Didi makes inroads into IndiaChina's leading ride-hailing app Didi Chuxing today made inroads into India by becoming part of a group of investors channeling $500 millio...18 Nov, 2015, 10.17 PM IST
- P V Sindhu, K Srikanth, Sameer Verma reach second round in Taipei Grand PrixIn women's singles, world no. 14 Sindhu defeated Indonesia's Lindaweni Fanetri 21-19 21-19 to set up a clash with third seed Tai Tzu Ying o...15 Jul, 2015, 04.38 PM IST
- Chinese investment banker Fan Bao searches for next Jack MaFan Bao has managed merger of two Chinese taxi apps into a $6-billion behemoth, which now wants to grow globally.13 May, 2015, 12.28 PM IST
- Chinese 'Uber' service Didi Taxi gets $700 million investmentDidi Taxi, China's popular cab-hailing app similar to Uber, has attracted an investment worth more than USD 700 million, it was announced t...09 Dec, 2014, 09.38 PM IST
- Ford executive appointments bolster fast-growing China operationsFord Motor Co. says it has made some key appointments to support the continued expansion of the automaker's fast-growing China operations.21 Mar, 2008, 06.58 PM IST
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