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CHINA DIDI
China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...- SpaceX debut draws a crowd, but few recent hot IPOs outpace the marketWall Street anticipates SpaceX's IPO, but recent data shows many large debuts have lagged the S&P 500. Investors buying at IPO prices have ...
- WeRide, Lenovo team up to scale 200,000 robotaxis by 2031Chinese tech firms WeRide and Lenovo are set to deploy 200,000 autonomous vehicles worldwide in the next five years. This ambitious collabo...
- China's Didi Q2 revenue grows as regulatory curbs easeRevenues at China's Didi Chuxing rose 52.6% for the April-June quarter from a year earlier to 48.8 billion yuan ($6.65 billion, as the ride...
- China's Didi Q2 revenue grows as regulatory curbs easeThe company, launched in Beijing in 2012 and backed by prominent investors including Alibaba, Tencent and SoftBank Group, ran afoul of regu...
- 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...
- China's troubled ride-hailing giant Didi reports $4.7 billion Q3 lossThe troubles for the firm -- once called China's Uber -- began after it listed in New York in June, seemingly against the wishes of Beijing.
- China's Didi plans Hong Kong 'listing by introduction', picks banksThe plans come as Didi is moving towards withdrawing from the New York Stock Exchange under pressure from Beijing after running foul of Chi...
- China's Didi says app takedown may hurt revenueThe removal of Didi's app, which does not affect existing users, comes days after Didi made its trading debut on the New York Stock Exchang...
- Ride hailing giant Didi says it stores all China user and roads data in ChinaDidi Vice President Li Min also said the company would sue any social media users who said Didi transferred data during its recent initial ...
- 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 ...
- 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...
- 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.
- 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...
- 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.
- 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...
- After merger with Didi Chuxing, India to become Uber's main battlegroundWhile the deal underlines that China remains a tough market for US-based companies to win in, it could leave Uber freer to devote more reso...
- 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.
- Uber's bid for peace with Didi has global ramifications: GadflyA truce between the two companies makes sense for as it could allow both sides to stop burning cash and start turning a profit.
- LinkedIn & China's Didi Kuaidi ink deal for bigger market shareThe agreement was signed yesterday during the 8th US-China Internet Industry Forum in Seattle.
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