June 25, 2021
China Scrutiny Casts Pall Over DiDi IPO
Earlier this week, we reported that DiDi, the ride-hailing giant from China, is hoping to hit a target of more than $60 billion — even up to $67 billion —...
June 24, 2021
DiDi Chuxing Eyes $60B Valuation In US IPO
DiDi, the Chinese ride-hailing giant, has named a target of over $60 billion for its coming debut on the New York Stock Exchange, a report from Reuters says. It will...
June 23, 2021
Ant Group Could Share Data With China Via Credit-Scoring Partnership
Jack Ma’s Ant Group is in the midst of discussions with enterprises owned by China that would create a credit-scoring firm while making Ant’s data transparent to the country’s regulators,...
June 23, 2021
Grocery Delivery Company Dingdong Pegs IPO Valuation At $6B
Chinese grocer Dingdong is setting its sights on getting a $6 billion valuation when it goes public in the U.S. The company, which is backed by Japan’s SoftBank Vision Fund...
June 21, 2021
What US Grocers Could Learn From Alibaba’s Connected Supermarket Experience
When it comes to integrating eCommerce into the brick-and-mortar grocery experience, China may be pulling ahead. While the United States is getting a new digitally-enabled Amazon grocery store every few...
June 20, 2021
EU Digital Chief Rejects Concern That Regulation Is Anti-US
Margrethe Vestager, the EU’s head of digital and competition policy, doesn’t think the EU’s new policies are too targeted towards Americans, Financial Times (FT) writes. The Digital Markets Act (DMA)...
June 17, 2021
China Probes Ride-Hailing Giant Didi Ahead Of IPO
Regulators in China have launched an antitrust probe into the ride-hailing company Didi Chuxing just as it prepares for what could be the largest American initial public offering of 2021....
June 16, 2021
China Probes Didi For Antitrust Violations
China’s market regulator has begun an antitrust probe into Didi Chuxing, three people with knowledge of the matter said, just as the ride-hailing giant is pushing ahead with what could...
June 16, 2021
Amazon Lures Sellers As Vietnamese Exports Surge
Amazon is looking to expand its eCommerce relationship with Vietnam and is recruiting merchants to join its marketplace as exports in the country soar, Nikkei Asia reported. “Vietnamese sellers have enriched...
