China Didi Delisting

China’s Didi Posts Profit Turnaround, Despite App Glitch Payout

The ride-hailing giant saw a fourth-quarter profit of $113.15 million, compared to a similar-sized loss for the same quarter a…

4 weeks ago

China’s Didi Tried to Defraud Investors With 2021 IPO: US Court

Court says Didi’s alleged desire to sell American depositary shares before a looming government crackdown gave the firm a "concrete…

1 month ago

China’s Didi Posts Quarterly Profit as Comeback Continues

The ride-hailing outfit’s three-month surplus was its first since 2021 when it was the target of China’s cyberspace regulator

5 months ago

Amid Tense Ties, US Begins Fresh China Audit Inspections

About a dozen Chinese firms, including Tencent Music Entertainment Group, Didi Global and NetEase, are likely to be inspected in…

10 months ago

Chinese Online Fashion Giant Shein Files For US IPO

But the listing is set to be opposed by some US lawmakers over claims the company uses cotton produced by…

10 months ago

China’s Didi Global Fined $1.2 Billion Over Data Breaches

The announcement on Thursday by the Cyberspace Administration of China followed a year-long investigation into Didi's collection and use of…

2 years ago

Didi Seen in Talks For Stake in China EV Maker Sinomach

China's Didi Global is in talks to buy a third of Sinomach Zhijin Automobile, a small maker of electric vehicles,…

2 years ago

Didi Soars 50% on Report China to Lift Ban on New Users, App

Chinese regulators are said to be concluding probes into Didi and two other firms and preparing to lift restrictions on their…

2 years ago

SEC Official Sets November Deadline for Chinese Company Audits

Alibaba, JD.com, Baidu took a hit in the wake of the comments, while the NASDAQ Golden Dragon China Index shed…

2 years ago

Didi Shareholders Vote to Delist from New York Stock Exchange

Vote to delist the ride-hailing giant's ADS from the New York Stock Exchange ends saga after 2021 listing drew Beijing's…

2 years ago

China to Conduct Cybersecurity Review of Ride-Hailer Didi Global

The company upset Chinese regulators by pushing ahead with a $4.4 billion listing in the US despite being asked to…

2 years ago

Didi Sets Shareholder Meeting on May 23 to Vote on US Delisting

Ride-hailing firm says it won't apply to list shares on any other stock exchange before the delisting of its American…

2 years ago