Didi plans 2024 Hong Kong listing in comeback bidDidi Global, China's largest ride-hailing company, is planning to list shares on the Hong Kong stock exchange next year, following its trou...
13 Oct, 2023, 10.18 AM IST
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
US securities regulator probes Didi Global's $4.4 billion IPODidi was cooperating with the US securities regulator's investigation related to the offering, "subject to strict compliance" with Chinese ...
04 May, 2022, 11.06 AM IST
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.
30 Dec, 2021, 03.41 PM IST
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...
29 Dec, 2021, 12.09 PM IST
Didi's New York exit a further blow to Chinese listings in USIndependent research analyst Mitchell Kim, who publishes on the Smartkarma platform, said that already cautious investors would become more...
06 Dec, 2021, 11.11 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
Beijing city looking to take Didi under state control: ReportUnder the preliminary proposal, some Beijing-based companies would acquire a stake in Didi, said the report, adding that it remains unclear...
03 Sep, 2021, 04.11 PM IST
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...
05 Jul, 2021, 10.45 AM IST
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 ...
03 Jul, 2021, 12.16 PM IST
China investigates Didi over cybersecurity days after its huge IPODidi's debut on Wednesday was the biggest U.S. listing by a Chinese company since Alibaba Group Holding Ltd in 2014.
02 Jul, 2021, 09.29 PM 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 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 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
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...
02 Aug, 2016, 07.16 AM IST
8 reasons that made Uber yield in ChinaEven after raising and investing billions of dollars, Uber had failed to go beyond its 30-35% share in the Chinese market. The percentage i...
01 Aug, 2016, 04.37 PM 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