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 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 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 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
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
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
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
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
Dear Uber, Didi is coming for you with record fundingDidi has powerful supporters of its vision, including SoftBank Group Corp., whose founder Masayoshi Son is famous for making big bets.
01 May, 2017, 01.32 AM IST
In latest blow to Uber, Didi said to back Southeast Asia startupThe fund raising round shows that the truce between Didi and Uber in China this week is far from a global accord.
04 Aug, 2016, 09.51 AM IST
Uber's bid for peace with Didi has global ramifications: GadflyA truce between the two companies makes sense for as it could allow both sides to stop burning cash and start turning a profit.
22 Jul, 2016, 09.39 AM IST
Uber investors said to push for Didi truceUber and Didi are bleeding cash in China as they fight for dominance in the world’s most populous country.Uber has said that it is spending...
22 Jul, 2016, 01.52 AM IST