China's Didi sees 2022 revenue hit by Covid, net loss narrowsChina imposed stringent COVID restrictions across the country last year that had hammered its economy. It lifted those restrictions in Dece...
29 Apr, 2023, 01.57 PM IST
Chinese ride-hailing giant Didi reopens to new users after $1.2 billion fineDidi was one of the highest-profile targets of a sweeping crackdown on China's tech sector launched in 2021, which wiped billions of dollar...
16 Jan, 2023, 02.02 PM IST
China to allow Didi apps back online, in latest sign of regulatory thawDidi has been awaiting authorities' approval to resume new user registrations and downloads of its 25 banned apps in China as a key step to...
13 Jan, 2023, 10.27 AM IST
Apple quietly gives up its Didi board seat after turmoilAdrian Perica, Apple’s vice president of corporate development, has resigned from Didi’s board, according to a one-sentence release posted ...
31 Aug, 2022, 10.58 AM IST
China's cyber watchdog tries to assuage concerns of internet firmsChina's cyber watchdog tries to assuage concerns of internet firms. Niu Yibing, vice minister of the Cyberspace Administration of China (CA...
19 Aug, 2022, 01.48 PM IST
China takes steps to ease up on regulatory crackdown as economy slowsSince last year, China has been busy cracking down on its tech giants like Alibaba, Tencent and Didi
21 Jul, 2022, 02.12 PM IST
China fines Didi Global $1.2 billion for violating data security lawsChina's cybersecurity regulator said on Thursday it has fined ride hailing giant Didi Global Inc 8.026 billion yuan ($1.19 billion) followi...
21 Jul, 2022, 01.58 PM IST
China to fine Didi more than $1 billion for data breaches: WSJ reportPeople said the fine would be more than 8 billion yuan ($1.28 billion), accounting for about 4.7% of Didi's $27.3 billion total revenue las...
20 Jul, 2022, 01.22 PM IST
Didi's digital payments unit fined by China's central bankDidi has struggled to bring its business back to normal after angering Chinese regulators by pushing ahead with its $4.4 billion New York l...
15 Jul, 2022, 08.57 PM IST
China to restore Didi to app stores soon as this weekChinese regulators are preparing to wrap up their investigation into Didi Global Inc. and restore the ride-hailing giant’s main apps to mob...
06 Jun, 2022, 01.49 PM IST
Didi shareholders vote to delist from NYSE in wake of China's tech crackdownDidi’s biggest shareholders, which include SoftBank Group Corp., Tencent Holdings Ltd. and Uber Technologies Inc., have watched Didi’s shar...
23 May, 2022, 07.21 PM IST
Didi prepares to relaunch apps in China, anticipates probe will end soonIn July, the powerful Cyberspace Administration of China (CAC) ordered app stores to remove 25 mobile apps operated by Didi - just days aft...
11 Nov, 2021, 01.32 PM IST
China orders takedown of 25 apps from ride service DidiThe Cyberspace Administration of China had already taken down the main Didi app last Sunday, pending a cybersecurity review, after it debut...
10 Jul, 2021, 09.09 AM IST
China probes Didi Chuxing for antitrust violations ahead of US IPOThe investigation into IPO-bound Didi Chuxing is the latest in a sweeping crackdown on Chinese technology companies, including Alibaba Grou...
17 Jun, 2021, 01.56 PM IST
China's Didi leans towards New York over Hong Kong for IPO, eyeing at least $100 billion valuation: ReportDidi has also discussed the option of listing via a special-purpose acquisition company, although it was seen as less viable given the comp...
24 Mar, 2021, 01.32 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
China launches state-owned app to compete with Didi, UberTwo taxi operators in the Chinese capital -- Shou Qi Group and Beijing Xianglong Taxi Co Ltd -- jointly launched a mobile app today to let ...
17 Sep, 2015, 07.36 PM IST