Tag: Didi
China Lifts Ban On New Didi Users As Tech Crackdown Eases
China's Didi Global has been given the green light from domestic regulators to resume new user registrations for its core ride-hailing services effective from...
Beijing Fines Didi Over Data Laws
China has fined ride-hailing group Didi Chuxing Rmb8bn ($1.18bn) and hit its founders with additional penalties over “serious” and “vile” breaches of the country’s...
Chinese Watchdog Fines Tencent, Alibaba & Didi For Unreported Merger Deals
China’s antitrust watchdog on Sunday announced it had punished Tencent Holdings, Alibaba Group Holding and Didi Global, among others, for failing to report past...
Chinese Automaker FAW May Buy Stake In Didi: Bloomberg
China's FAW Group is considering acquiring a significant stake in Didi Global Inc , Bloomberg News reported on Friday, days after the ride-hailing giant...
Didi Stops UK Launch Plans Amid China’s Tech Crackdown
China's ride-hailing giant Didi has suspended its plans to launch in Britain and continental Europe, The Telegraph reported on Monday, August 23, against the...
Didi Denies It Has Plans To Go Private After $4.4B IPO
Ride-hailing company Didi Global on Thursday, July 29, denied a media report that the company was considering going private to placate Chinese authorities and compensate...
Uber’s Didi Plummets As China Continues US Crackdown
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...
Chinese Regulators Mull Hefty Didi Fine
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...
China Has More Apps Operated By Didi Removed
China ordered mobile app stores to remove 25 more apps operated by Didi Global Inc.’s China arm, saying the apps illegally collect personal data,...
China Fines Digital Platforms Over Unapproved Deals
Didi, Tencent, and Alibaba are among Chinese digital companies being fined by China’s official market regulator — the State Administration of Market Regulation (SAMR)...