For Didi, once hailed as an innovator and disrupter in China’s staid transportation sector, it has been a fast fall from grace. The company was considered the pride of China’s […]
Didi Chuxing
Trending topics and news from the Didi Chuxing category
Back to news homeTech companies are still going public in Asia, but not enough to halt the global IPO slowdown
Asia had more IPOs than other regions in Q1 2022, but its tally dropped from Q4 2021 Anna Heim 8 hours Sometime in 2021, the world passed the 1,000-unicorn milestone. […]
Didi of China Moves to Delist From New York Stock Exchange
The decades-long, trillion-dollar love affair between China and Wall Street is coming to an end.Didi Chuxing, a $39 billion company that is China’s answer to Uber, on Friday said that […]
Uber Survived the Spying Scandal. Their Careers Didn’t.
The relationship was tense, Mr. Gicinto recalled, and both men seemed uneasy about sharing leadership.Still, their work ramped up quickly. The group, which grew to include dozens of employees, wanted […]
China Fines Meituan $530 Million in Second Tech Antitrust Case
China fined the food-delivery giant Meituan $530 million for antitrust violations on Friday, the second major penalty this year in Beijing’s efforts to bring the country’s big internet companies to […]
The End of a ‘Gilded Age’: China Is Bringing Business to Heel
Chinese tech companies are reeling from regulation. Nervous creditors are hoping for a bailout for China’s largest developer. Growing numbers of executives are going to jail. An entire industry is […]
Alibaba Rape Allegation Reveals China Tech’s Seamy Side
For years, as Alibaba turned from a scrappy Chinese start-up into an e-commerce behemoth, some of its business units welcomed new employees with an ice-breaking ceremony that alarmed many of […]
Investing in China: What You Need to Know
If you want Chinese shares, you can bypass New York.On the face of it, shares of Chinese internet giants traded in American markets through A.D.R.s might seem to be safer […]
What China Expects From Businesses: Total Surrender
When Pony Ma, head of the Chinese internet powerhouse Tencent, attended a group meeting with Premier Li Keqiang in 2014, he complained that many local governments had banned ride-sharing apps […]
China Plans Security Checks for Tech Companies Listing Overseas
China moved on Saturday toward requiring domestic tech companies to submit to a cybersecurity checkup before they can go public on overseas stock exchanges, a step that would close the […]