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DIDI GLOBAL DELISTING
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- Apple quietly gives up its Didi board seat after turmoilAdrian Perica, Apple’s vice president of corporate development, has resigned from Didi’s board, according to a one-sentence release posted ...31 Aug, 2022, 10.58 AM IST
- Didi shareholders vote to delist from NYSE in wake of China's tech crackdownDidi’s biggest shareholders, which include SoftBank Group Corp., Tencent Holdings Ltd. and Uber Technologies Inc., have watched Didi’s shar...23 May, 2022, 07.21 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
- 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 halt Hong Kong listing plansThe Cyberspace Administration of China told Didi executives that their proposals to prevent security and data leaks had fallen short, Bloom...11 Mar, 2022, 10.39 AM IST
- China's Didi reverses course, will remain in RussiaOn Monday, Didi said it was leaving Russia on March 4, about a year and a half after launching services there. It has been in Kazakhstan fo...26 Feb, 2022, 02.23 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
- 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
- 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'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
- EXPLAINER-How could China's Didi delist from the New York Stock Exchange?China's ride-hailing giant Didi Global Inc's announcement on Friday that it plans to withdraw from the New York Stock Exchange and pursue a...04 Dec, 2021, 11.30 AM 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
- Cowed by Chinese regulators, Didi plans to delist from New York months after debutDidi pushed ahead with its $4.4 billion U.S. initial public offering despite being asked to suspend it while a review of the company's data...03 Dec, 2021, 01.39 PM 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 to delist from New York, seeks Hong Kong listingChinese ride-hailing giant Didi Global will organise a shareholders meeting to vote on the delisting matter at an appropriate time in the f...03 Dec, 2021, 07.55 AM 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
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