Tag: didi

Didi says it will delist from the New York Stock Exchange and prepare to list in Hong Kong

A mobile phone shows the interface of Didi's APP in Yichang, Hubei province, China, July 4, 2021.Costfoto | Barcroft Media | Getty ImagesChinese ride-hailing...

Didi jumps nearly 10% this week amid report of Chinese government taking it over

Budrul Chukrut | LightRocket | Getty ImagesShares of Didi posted near double-digit gains this week amid a Bloomberg News report that Beijing is eyeing...

Didi shares drop on report China is planning unprecedented penalties

Chinese ride-hailing giant Didi came under pressure again on Thursday amid a report that Beijing is considering harsh penalties from a massive fine to...

Didi shares fall after China announces cybersecurity review just days after IPO

A trader works during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York...

Didi closes up 1% on first day of trading

Shares of Didi Chuxing closed up a modest 1% Wednesday afternoon after spiking as much as 28.6% in the Chinese ride-hailing giant's market debut.The...

China’s Didi Chuxing raising $1.5 billion in debt as it nears blockbuster IPO: Reports

A logo of ride-hailing giant Didi Chuxing displayed on a building in Hangzhou in China's eastern Zhejiang province.STR | AFP | Getty ImagesChinese ride-hailing...

Why China’s Didi can succeed where Uber has struggled

To glimpse the future of the ride-hailing business, look east“WE INVEST A lot of money here in China,” proclaimed Travis Kalanick, founder and then...

HT Brunch Father’s Day Cover Story: The Yash and Roohi Show

Instagram has a new set of ‘influencers’ in a pair of very sassy and very opinionated three-year-olds. From calling out Gucci for being ‘so...

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