“Chinese Ride-Hailing Giant Didi Reports 19% Drop in Sales in 2022”

Didi The restrictions in China were only lifted in December last year. (Foto: imago images/VCG) Peking Chinese Uber rival Didi on Saturday reported a 19 percent drop in sales in 2022 compared to last year. In its first annual report since its US listing last year, Didi said total sales fell to 140.79 billion yuan ($20.37 … Read more

Car service withdraws from the New York Stock Exchange

Peking The Chinese transport service provider Didi (Didi Chuxing) wants to withdraw from the New York Stock Exchange. In a brief message on the Twitter-like social network Weibo, the company announced on Friday that it would take appropriate steps with immediate effect. Instead, Didi wants to start preparing for an IPO in Hong Kong. According … Read more

Didi wants to stop listing in New York

New York Chinese Uber rival Didi Chuxing, who has come under heavy pressure from China’s regulators, has announced steps to withdraw from the New York Stock Exchange. As the company announced, the delisting should begin as soon as the board of directors has given its approval. Voting should take place later at a shareholders’ meeting. … Read more

Didi, the “Chinese Uber”, denies the rumors of exit from the New York Stock Exchange

The application of vehicles with driver contradicts the information of the Wall Street Journal, in order to calm its tensions with China. Didi, the “Chinese Uber“, Has just denied the hypothesis of an exit from the New York Stock Exchange in order to appease Beijing’s anger, an option mentioned a few hours earlier by the … Read more

China Kisses Cheating, Didi Removed from Online App Store

Jakarta, CNBC Indonesia – Authority China’s cyber watchdog on Sunday (4/7) ordered ride-hailing service or online taxi Didi to be removed from app stores in China. This is after the results of the cyber supervisor’s investigation found that the collection of Didi’s user data was a ‘serious violation’ of regulations in the Bamboo Curtain country. … Read more

Why the billion-dollar IPO in New York is risky

Transport agent Didi The IPO is the temporary culmination of the rapid development in recent years. It should be the largest IPO in the US since Alibaba in 2014. – (Foto: Bloomberg) – – – – Peking At first glance, Cheng Wei doesn’t necessarily look like someone whose company has made it into a quasi-monopoly in … Read more