China-US Economic Ties

Didi Global Shuts Down Food Deliveries in Japan – Nikkei

 

Didi Global is shutting down its food business in Japan as the Chinese ride-hailing and delivery company prepares for a delisting in the US, Nikkei Asia reported.

The company launched services in April 2020 in Osaka and later expanded to nine prefectures, according to its website. “Unfortunately, due to local market conditions, we have made the difficult decision to discontinue DiDi Food in Japan,” it said.

Read the full report: Nikkei Asia

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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