Wall St ends up with growth stocks, but inflation fears lingerThe Dow Jones Industrial Average rose 16.08 points, or 0.05%, to 32,915.78, the S&P 500 gained 12.89 points, or 0.31%, to 4,121.43 and the ...
07 Jun, 2022, 07.14 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
Superlatives abound in 26% S&P rally in 2021The most all-time highs in 26 years. Triple-digit rallies in some small caps thanks to retail-trader frenzies. A $1 trillion rout after Chi...
27 Dec, 2021, 06.42 AM 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
Indians spend 4.8 hours a day on mobile apps; Musk sells $5B Tesla sharesA new report by App Annie, an app market analytics firm, puts numbers to something we’ve all known for 19 months now—that we’ve all been sp...
11 Nov, 2021, 07.28 PM IST
Shanghai Composite closes lower as China financial, energy stocks weighThe blue-chip CSI300 index ended 1.0% lower at 5,088.26, while the Shanghai Composite Index declined 0.8% to 3,525.50.
08 Jul, 2021, 01.54 PM IST
FTSE says to add Didi in indexes as planned on July 8, barring trade haltFTSE Russell said earlier this month Didi will be included in the FTSE All-World Index, the FTSE Global Large Cap Index, and the FTSE Emerg...
07 Jul, 2021, 10.05 AM 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
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
Krispy Kreme raises $500 mn after pricing US IPO below rangeThe company priced 29.4 million shares at $17 each, below the $21 to $24 per share range it had set earlier. The IPO valued it at $2.7 bill...
01 Jul, 2021, 08.38 AM IST
China's Didi to be added to FTSE's equity indexes on July 8Didi shares will be included in the FTSE All-World Index, the FTSE Global Large Cap Index, and the FTSE Emerging Index, FTSE Russell said i...
01 Jul, 2021, 08.36 AM IST
View: Battle for Bengal has become a war of bad barbsEvery major election throws up memorable slogans and a few choice put-downs. Political rivals of yore traded deliciously crafted insults wh...
11 Apr, 2021, 12.41 PM IST
Oyo gets $100 million from China’s ride-hailing giant Didi ChuxingThis investment brings to a close Oyo’s $1 billion financing round, valuing it at $5 billion.
14 Feb, 2019, 08.24 AM IST
China’s Didi Chuxing may back OyoSome investors like Didi and shared office startup WeWork have opted to only back the company’s Chinese subsidiary.
03 Sep, 2018, 09.39 AM IST
Next-gen tech giants from China gear up to invade IndiaToutiao, Meituan Dianping and Didi Chuxing are aggressively looking to expand in India through investments and partnerships.
22 Feb, 2018, 11.11 AM IST
Uber to sell Southeast Asia unit to Grab: ReportThe move may help the ride-hailing company cut back costs in preparation for an IPO - possibly next year.
17 Feb, 2018, 03.53 PM IST
Ola's global partner Lyft to expand outside USThe company which has global allaince with China's Didi Chuxing, has been using aggressive marketing campaigns to become popular in the US
12 Jul, 2016, 10.34 AM IST