Internet infrastructure operators like Didi must now prove their political and legal legitimacy to the government, Ma Changbo, an online media start-up founder, wrote on his WeChat social media account.“This […]
Didi Chuxing
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Back to news homeDidi’s Regulatory Troubles Might Just Be Getting Started
In the paperwork Didi filed before its initial public offering, the Chinese ride-hailing platform gave no shortage of warnings to investors that regulators in Beijing were hovering.After China’s internet regulator, […]
China’s Crackdown on Didi Is a Reminder That Beijing Is in Charge
In less than a week, China’s leading ride-hailing platform, Didi, has gone from investor darling with a megabucks Wall Street debut to the biggest new target in Beijing’s fast-moving efforts […]
SoftBank, Uber, Tencent set to reap rewards from Didi IPO
After years of speculation, Didi Chuxing, China’s ride-sharing behemoth, finally unveiled its IPO filing in the U.S., giving a glimpse into its money-losing history. Didi didn’t disclose the size of […]