Didi sets shareholder meeting on May 23 to vote on US delisting plansDidi announced in December that it would delist from the NYSE and pursue a listing in Hong Kong after it ran foul of Chinese regulators by ...
17 Apr, 2022, 09.24 AM 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
Chinese cos listed in US stock exchange suffer following trade warChinese technological firms have been caught in the spat between US and China. The “trade war” started with President Trump accusing China ...
05 Jan, 2022, 05.37 PM 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
Paytm’s wild ride continues; China asks Didi to delist from USAll eyes are set on tomorrow as India's digital payment giant Paytm is set to announce its quarterly and half-yearly results even as its sh...
26 Nov, 2021, 06.42 PM IST
China asks Didi to delist from US on security fearsProposals under consideration include a straight up privatisation or a share float in Hong Kong followed by a delisting from the United Sta...
26 Nov, 2021, 08.43 AM 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
Beijing tutoring crackdown slams US-listed Chinese stocksUS shares of TAL Education Group and New Oriental Education & Technology Group Inc , which provide tutoring and test preparation services i...
24 Jul, 2021, 12.36 PM IST
Didi loses $22 billion in market cap after China crackdownShares of the China-based tech firm fell as much as 30 per cent to $10.90, wiping out about $22 billion of market value and taking the stoc...
06 Jul, 2021, 05.06 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 lines up 2021 IPO in Hong Kong, targets more than $60 billion valuation, sources sayDidi, backed by technology investment giants SoftBank , Alibaba and Tencent, has started initial talks with investment banks for the long-a...
20 Oct, 2020, 08.49 PM IST