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DIDI CHUXING INC.
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- 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 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
- Oyo seeks $600 million loan amid virus surgeThe high-profile startup, the first Indian unicorn to seek debt from foreign institutional investors, targets a loan with a five-year tenure20 May, 2021, 07.57 PM IST
- Volvo to provide cars for Didi Chuxing's self-driving test fleetVolvo will provide XC90 SUVs equipped with backup steering and braking systems that DiDi Autonomous Driving will integrate with Didi Gemini...19 Apr, 2021, 08.45 AM IST
- China's Didi Chuxing picks Goldman, Morgan Stanley for mega US IPODidi Chuxing has opted for New York because of a more predictable listing pace, the presence of comparable peers like Uber and Lyft, and a ...09 Apr, 2021, 01.06 PM IST
- China's Didi launches credit, crowdfunding services in diversification pushThe new products were tested in 10 cities and have now been introduced nationwide, the firm said on Wednesday.02 Jan, 2019, 09.37 AM IST
- China's Didi has its #DeleteUber moment after two passengers dieDidi Chuxing came under fire from netizens, state media and regulators alike over the weekend after the customer was allegedly killed despi...28 Aug, 2018, 10.40 AM IST
- Masayoshi Son & Elon Musk are not teaming up as SoftBank shuns Tesla dealAs the intrigue enters a second week, with pressure increasing on the billionaire founder to explain how a deal would be funded, one of the...13 Aug, 2018, 09.51 AM IST
- With record funding & partnerships in countries like India, Didi is now gunning for UberDidi's record funding round is said to value the company at more than $50 billion and gives it a war chest to ramp up efforts to harness ar...29 Apr, 2017, 11.43 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
- Uber's Kalanick starts India tour with cricket, bikesUber has expanded to 29 cities and, in August, handled about 5.5 million rides per week -- more than triple the amount at the start of the ...15 Dec, 2016, 12.16 PM IST
- In latest blow to Uber, Didi said to back Southeast Asia startupThe fund raising round shows that the truce between Didi and Uber in China this week is far from a global accord.04 Aug, 2016, 09.51 AM IST
- Uber said to plan boosting India, Southeast Asia resourcesUber's shift is a sign it will not let up in its battle for customers elsewhere in Asia even after reaching a peace deal for China.03 Aug, 2016, 10.38 AM IST
- Uber merging China operations with Ola investor Didi Chuxing in a $35 billion dealUber will reportedly continue to operate its own app in China for now. Uber declined to comment on this to the publication.01 Aug, 2016, 02.32 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
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