Bharat Taxi offers partnership at just Rs 500, commits to share 80% of its profits: What government's new scheme promises taxi drivers across IndiaUnion Home Minister Amit Shah launched the Bharat Taxi cooperative model, allowing drivers to become co-owners for just Rs 500 and share in...
27 Feb, 2026, 12.52 PM IST
Didi to cut up to 20% of jobs before Hong Kong listingMost of the company’s core businesses will be affected by the cuts, which are aimed at reducing expenses ahead of the Hong Kong listing, pe...
15 Feb, 2022, 11.08 AM IST
Didi revenue falls as China's regulatory crackdown hits businessShares of Didi, which had soared in their IPO giving the company a valuation of $80 billion and marking the biggest U.S. listing by a Chine...
30 Dec, 2021, 01.05 PM IST
Retail investors added to Didi selloff after delisting newsOn a net basis retail investors also sold shares of Didi on Wednesday and Thursday of last week, after mostly buying shares of the stock ov...
07 Dec, 2021, 01.02 PM IST
Didi shares plunge more than 20% on plan to delist from NYSEThe company's shares fell 22.17%, losing about $8.4 billion in market value. At their Friday close of $6.07, Didi shares have fallen about ...
04 Dec, 2021, 10.44 AM IST
Timeline: Didi Global's short-lived journey as a US-listed companyDidi's decision to delist in the U.S. comes as a deepening regulatory crackdown wiped billions of dollars off the ride-hailing giant's valu...
03 Dec, 2021, 01.27 PM IST
Didi Global denies media report it plans to go private after $4.4 bln New York IPODidi, which listed in New York last month after raising $4.4 billion in an initial public offering (IPO), said in a statement that the WSJ ...
30 Jul, 2021, 09.30 AM IST
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 raises $4.4 billion in upsized US IPOThe increase in deal size came after the Didi investor order book was oversubscribed multiple times, one of the sources said.
30 Jun, 2021, 09.01 AM IST
Didi Global's $4-billion IPO order books to close on MondayDidi Global has set a price range of $13 to $14 per American Depositary Share (ADS), according to a regulatory filing, and said it would of...
28 Jun, 2021, 02.00 PM IST
Didi's $4 billion US IPO to close on MondayDidi set a price range of $13 to $14 per American Depositary Share (ADS), a regulatory filing showed on Thursday, and said it would offer 2...
28 Jun, 2021, 12.56 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
Didi's takeover of Uber sparks monopoly,fare concerns in ChinaThe on-demand mobility (ODM) firm Didi yesterday announced it was taking over Uber China, in a deal that could see the combined Chinese fir...
02 Aug, 2016, 04.29 PM IST
China legalises ridesharing apps to ply on roadsThe new regulations govern their operations and define the scope of competition, outlawing the ploy of charging less than the cost of a tri...
29 Jul, 2016, 06.36 AM IST