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Didi soars 68% after report says China is set to end cybersecurity probe and allow new users on the ride-hailing app

Didi's apps are expected to return to China's domestic stores after Beijing's crackdown on the tech…

Carla Mozée   


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DiDi sinks 22% as the China ride-hail giant plans to hold vote on potential delisting of US shares

DiDi will hold a shareholders' vote on the delisting of its NYSE-listed shares in May. The company …

Carla Mozée   


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Alibaba, Tencent and other Chinese techs slide in Hong Kong after Didi bows to pressure to delist in New York

Chinese techs in Hong Kong fell after ride-hailing giant Didi bowed to pressure to pull its US off…

Karen Friar   


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Didi climbs following report Beijing's city government is seeking control of the ride-hailing company

Municipal investment in the ride-hailing app would give state-run firms control of Didi.

Carla Mozée   


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3 mins read

US stock futures struggle as Omicron stays in the driving seat, while bitcoin keeps sliding after a weekend rout

Stocks waver as investors parse fresh Omicron headlines, with concerns about Federal Reserve tighte…

Shalini Nagarajan   


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Chinese regulators call in Didi and 10 other ride-hailing companies, to tell them to fall in line immediately

Transport authorities told the ride-hailing services to review their use of unapproved drivers and …

Sophie Kiderlin   


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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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Didi falls 10% on reports that China is planning heavy penalties for the ride-share giant following its US IPO

Regulators were looking at a range of penalties. Measures could include forcing the company to deli…

Isabelle Lee   


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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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Didi surges on report it's weighing going private amid regulatory pressure

Didi denied the WSJ report, saying it is "not true" that it's considering a take-private transactio…

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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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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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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3 mins read

Isabelle Lee   


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Leasing of industrial, logistics space highest in NCR in 2022 across top 8 cities: CBRE

Leasing of industrial and warehousing space was highest in Delhi-NCR and adjoining areas during 202…

PTI   


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Dedicate Mumbai coastal road to Lata Didi, urges Mangeshkar family

On the first death anniversary of the legendary singer, Lata Mangeshkar's family on Monday urged th…

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Didi's IPO will not make investors any money and the business is just as unprofitable as Uber and Lyft, a veteran stock analyst says

Didi jumped as much as 28% to $18 a share when it began trading on the New York Stock Exchange Wedn…

Emily Graffeo   


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Chinese education stocks plunge as Beijing reportedly wants to turn tutoring companies into non-profits

Foreign capital investment into tutoring companies may be banned under potential rule changes.

Carla Mozée   


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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