The Business Times

Didi Chuxing

Startups

Didi plans 2024 Hong Kong listing in comeback bid: sources

The company says it plans “to engage with our consumers and drivers more actively for the rest of 2023 through effective promotion and more diversified and affordable product offerings”.
Companies & Markets

China’s Didi Q2 revenue grows as regulatory curbs ease

In January, Didi’s main apps returned to China’s biggest mobile stores, paving the way for the company to resume business as usual, and to eventually work towards a Hong Kong listing.
Companies & Markets

Chinese ride-hailing giant Didi boasts US$14 billion value, one-year after NYSE delisting

A Didi robotaxi concept car Didi Neuron, with robotic arms that can help passengers pick up luggage.
Companies & Markets

China’s Didi Global to roll out self-developed robotaxis by 2025

Didi was among the highest-profile companies at the heart of a clampdown on the Internet industry that Beijing initiated in 2020 when it abruptly halted Ant Group’s IPO.
Companies & Markets

Didi’s apps reappear on mobile stores in comeback’s first step

Didi Global would take effective measures to ensure platform safety and data security, and safeguard national cyberspace security, it said in the statement.
Companies & Markets

China lifts ban on ride-hailing giant Didi’s new user registration

US lawmakers had last year called for an investigation into Didi’s controversial IPO - the biggest by a Chinese firm since Alibaba Group.
Companies & Markets

Didi Global faces SEC probe related to US IPO

Didi Chuxing's app was taken down from China's app stores in 2021 after regulators ruled that it had illegally collected users' personal data.
Global Enterprise

Rival ride-hailing apps challenge Didi’s dominance in China

Tencent has no need to raise funds nor a timeline for such divestments, a spokesperson said.
Companies & Markets

Tencent denies report it will sell down Didi, Meituan stakes

While Didi was fined US$1.2 billion last month for violating data security rules, it is not clear whether or when its apps will be allowed to return to app stores, or whether or when it can resume new user registrations.
Technology

China’s cyber watchdog wants ‘affectionate’ ties with domestic Internet firms

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