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You Searched For "Didi Chuxing" and got 20 results


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Isabelle Lee   


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1 min read

Didi climbs as the ride-hail giant reportedly considers handing over control of data to placate Chinese regulators

The ride-hailing firm has suggested various proposals, including handing over its data management t…

Isabelle Lee   


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1 min read

Didi surges 12% and leads other Chinese stocks higher as investors eye a bottom for the recent free-fall

The slight reprieve for Didi - and for other US-listed Chinese giants - still pales in comparison t…

Ethan Wu   


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Weilun Soon   


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Didi falls as Chinese officials send police to offices as part of sweeping cybersecurity probe

A task force of seven ministries was sent to conduct an on-site review at Didi's offices as Beijing…

Carla Mozée   


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Didi slides 11% after China launches a cybersecurity review of the company days after its US IPO

China's internet regulator said it wants to prevent "national data security risks" with its review …

Carla Mozée   


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Didi's US shares plunge 25% after China cracks down on ride-hailing app, just days after $68 billion IPO

China on Sunday ordered app stores to remove Didi, the country's biggest ride-hailing app, only day…

Harry Robertson   


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GOP Sen. Marco Rubio slams Didi's US listing as 'reckless and irresponsible' - and calls it an unaccountable Chinese company

Didi's lack of accountability puts American retirees at risk and funnels desperately needed US doll…

Shalini Nagarajan   


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1 min read

Chinese regulators will tighten controls of domestic firms listed overseas following a cybersecurity probe of Didi

China officials said they will ramp up the regulation of cross-border data flow and tighten measure…

Isabelle Lee   


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China's richest tech titans have seen $87 billion of personal wealth wiped out since the start of July amid government crackdown

Alibaba founder Jack Ma has been spared some of the worst losses recently, but that is in part beca…

Ethan Wu   


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The SEC has frozen US listings of Chinese companies as it demands new disclosures of government meddling risks

Chinese IPO activity has stalled in the wake of the government's hard line on many newly-listed fir…

Ethan Wu   


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1 min read

Chinese regulators held talks with global financial institutions to ease jitters caused by Beijing's crackdown, report says

Chinese regulators didn't expect their crackdown to spook investors as much as it did, said a perso…

Ethan Wu   


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Nearly 600 IPOs rolled out globally in the second quarter, dominated by traditional listings while SPAC activity cooled, says EY

Traditional IPOs boomed in the quarter while SPAC formation slowed, partly due to heightened scruti…

Carla Mozée   


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1 min read

Chinese ride-hail giant Didi is reportedly eyeing a $70 billion valuation for its upcoming US IPO

Didi Chuxing, which roughly translates to "beep beep travel," is making its US debut in an especial…

Ethan Wu   


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1 min read

Chinese ride-hailing giant Didi to delist from NYSE and move to Hong Hong Stock Exchange

China's government has been pressuring the company for months after the company went ahead with a U…

Alistair Barr   


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Uber stock slips as Chinese rival reportedly plans to enter the Western European market

Uber stock was weighed down by a report that Chinese rival Didi is looking to enter the ride-hailin…

Carla Mozée   


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Chinese ride-hailing giant Didi eyes US IPO at $100 billion valuation, report says

The Chinese company is said to be weighing its options between New York and Hong Kong for its IPO, …

Isabelle Lee   


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China's Didi Chuxing is eyeing a mega-IPO next quarter that values the ride-hailing service above $62 billion, report says

Didi is targeting an IPO as early as this summer at a valuation above the $62 billion it secured in…

Shalini Nagarajan   


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2 mins read

Chinese companies that went public in the US this year have tumbled 34% on average during Beijing's crackdown on big business

Chinese stocks listed in the US have slumped as "no company appears safe from a Beijing crackdown,"…

Harry Robertson   


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6 mins read

Here's how much Uber, Softbank and Tencent can possibly gain from Didi’s IPO — the largest Chinese share sale since Alibaba

China’s ridesharing behemoth, Didi Chuxing, is finally ready to go public after years of speculatio…