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
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 businessDaniel Zhang, the chief executive officer of Chinese e-commerce giant Alibaba Group Holding, who had served as a director on Didi's board s...
30 Dec, 2021, 06.05 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
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
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's Didi Chuxing picks Goldman, Morgan Stanley for mega US IPODidi Chuxing has opted for New York because of a more predictable listing pace, the presence of comparable peers like Uber and Lyft, and a ...
09 Apr, 2021, 01.06 PM IST
China's Didi leans towards New York over Hong Kong for IPO, eyeing at least $100 billion valuation: ReportDidi has also discussed the option of listing via a special-purpose acquisition company, although it was seen as less viable given the comp...
24 Mar, 2021, 01.32 PM 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
Didi considers 2021 Hong Kong IPO, targets valuation of more than $60 billion: ReportDidi had for years aimed for a U.S. IPO because of the prestige of a New York listing, the presence of comparable peers like Uber and Lyft ...
20 Oct, 2020, 11.20 AM IST
Don't tell us how to run Hong Kong: China to USChina today asked the US to stop issuing orders regarding political reforms in Hong Kong asserting that Washington has no right to interfer...
07 May, 2014, 10.49 PM IST