Source: didichuxing.com
Uber’s stake in Didi shrank by $2 billion this week amid China’s crackdown on U.S. listings. In less than one month, the ride-hail giant’s one-time...
Ride-hailing giant Didi could face hefty fines from Chinese regulators as well as possible delisting from the New York Stock Exchange (NYSE), CNBC reported on...
Chinese regulators, including the Cyberspace Administration of China, mandated that app stores in the country delete 25 apps relating to ride-hail platform Didi, including its...
Chinese regulators forced Tencent’s WeChat messaging service and Ant Group’s Alipay to remove Didi from its app interface and rendered Didi no longer searchable in...
In today’s top news, merchant commerce firm Pine Labs is now valued at $3.5 billion, and FinTech Pleo raised $150 million. Plus, Klarna is being...
In what appears to be an increasingly common show of might, Chinese government regulators have again clamped down domestically on a high-profile, publicly-traded company, despite...
Didi, the ride-hailing giant, has said it might see a revenue drop as of a new regulatory order to remove its apps from app stores...
Shares in Chinese ridesharing firm Didi dropped more than 5 percent Friday morning (July 2) after regulators in China announced a cybersecurity review of the...