Reaction to China imposing $1.2 billion fine on Didi Global
(Reuters) – China’s cybersecurity regulator fined Didi Global Inc 8.026 billion yuan ($1.2 billion) after a year-long probe found the ride hailing giant had violated …
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Chinese tech ADRs rise as end of Didi probe raises hope of easing crackdowns
(Reuters) – U.S.-listed Chinese technology stocks rose on Monday after a report that regulators in China are concluding a probe into ride-hailing giant Didi Global …
China’s Didi faces rocky path to growth after winning U.S. delisting nod
By Julie Zhu HONG KONG – Didi Global may have ensured its survival after winning shareholders’ nod for a U.S. stock delisting but a quick …
Majority shareholders vote in favor of delisting Didi from New York
(Reuters) – Chinese ride-hailing giant Didi Global will delist from the New York Stock Exchange, after a majority of the company’s shareholders voted in favor …
China’s Didi awaits completion of regulator’s review to return to normal
BEIJING(Reuters) – Chinese ride-hailing giant Didi Global will only be able to resume normal operations after authorities complete a cybersecurity review of the company, it …
Didi, Lenovo founders go private on China social media, join retreat from spotlight
By Josh Ye HONG KONG – The president of Chinese ride-hailing giant Didi Chuxing and her father, the founder of Lenovo, have ended their public …
China’s Didi reverses course, will remain in Russia
BEIJING – Chinese ride-hailing giant Didi Global said on Saturday that it would continue to operate in Russia, reversing a decision announced on Monday that …