(WSJ) Didi stock jumped more than 53% in premarket on Monday after reports emerged that Chinese regulators were concluding a probe on the ride-hailing giant. Reprieve was also reportedly granted…
(Didi) Didi Global Inc. says it will proceed with the company's plan to exit the New York Stock Exchange after 96% of shareholders favored the move in a vote. Didi…
(Bloomberg) Shares of Didi Global dropped more than 6% on Wednesday, leading declines among Chinese stocks listed in the US exchanges amid crackdown concerns. The decline in Didi followed news…
(Didi) Shares of Didi Global plunged more than 19% on Monday after posting a 12.7% decline in revenues in the fourth quarter of 2021. Didi’s revenue in the fourth quarter…
(Protocol) China’s ride-sharing giant Didi Global has started massive layoffs targeting about 20% of its staff. The layoff is said to affect most teams at the company, including those in…
(Reuters) Uber Technology has said it is looking to relinquish its holdings in China’s Didi Global Inc., citing the lack of transparency by Beijing. Uber, which considers Didi non-strategic, says…
(FT) China’s ride-sharing giant Didi Chuxing said it will start the process of exiting the New York Stock Exchange in preference for Hong Kong. Didi says it has already authorized…
(Bloomberg) Shares of SoftBank Corp. fell more than 5% in Tokyo as the Cyberspace Administration of China asked Didi Global Inc. to come up with a plan to delist from…
(Reuters) Didi Global Inc., Meituan, and Geely’s Caocao are among 11 ride-sharing firms summoned by Chinese regulators over market practices. The regulators accuse the ride-hailing firms of hiring unqualified drivers…
(Bloomberg) Chinese ride-sharing giant Didi Global rose as much as 35% following reports it is contemplating going private. The ride giant has since denied the news. Prior report from WSJ…
Taxi-hailing operator Didi’s shares fell 7% on Thursday following a report that the Chinese regulators are planning tough penalties against it. Didi’s month-to-date losses now stand at over 24% following…
(SCMP) China’s regulatory taskforce has initiated an on-site cybersecurity scrutiny of Didi following its hasty New York listing. The inspection occurs only two weeks after authorities announced plans for cybersecurity…