China's Didi swings to profit in fourth quarterDidi Global reported net income attributable to shareholders of 818 million yuan ($113.15 million) in the three months ending Dec. 31, comp...
23 Mar, 2024, 12.04 PM IST
China's Didi posts first quarterly profit since 2021 as regulatory woes easeDidi Global reported net income attributable to shareholders of 107 million yuan ($14.66 million) in the three months ending September 30, ...
13 Nov, 2023, 01.13 PM IST
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...
09 Sep, 2023, 11.12 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
China fines Didi Global $1.2 billion for violating data security lawsChina's cybersecurity regulator said on Thursday it has fined ride hailing giant Didi Global Inc 8.026 billion yuan ($1.19 billion) followi...
21 Jul, 2022, 01.58 PM IST
China to fine Didi more than $1 billion for data breaches: WSJ reportPeople said the fine would be more than 8 billion yuan ($1.28 billion), accounting for about 4.7% of Didi's $27.3 billion total revenue las...
20 Jul, 2022, 01.22 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
SoftBank, biggest investor in Didi, sinks after China blocks appThe investigations have dealt another blow to the shares of Masayoshi Son's tech and investing conglomerate
05 Jul, 2021, 02.16 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
China's Didi worth $68 billion after US debutThe stock market debut vindicated Didi's decision to moderate its valuation expectations, after investors raised concerns over the pace and...
01 Jul, 2021, 08.44 AM 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
China's ride-hailing giant Didi sets stage for mega New York floatThe company - backed by Asia's largest technology investment firms, SoftBank, Alibaba and Tencent - did not reveal the size of the offering...
11 Jun, 2021, 08.19 AM 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
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
MyDidi acquires TimeMyTask, merged entity valued at $15 million"TimeMyTask has about 10,000 customers and a fleet of 200 cleaners who will join our team. That would help us multiply our customer base by...
30 Jan, 2017, 11.24 AM IST
Ola in talks with investors to raise of Rs 3,000 crore at a valuation above $5 billion“The investors in the round are still being finalised and it is getting oversubscribed, so it may be expanded a bit,” this person said.
23 Sep, 2015, 04.50 PM IST