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Chinese regulators have pressed top executives of ride hailing giant Didi to devise a plan to delist from the New York Stock Exchange due to concerns about data security, two people with … ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Ryan Knutson: China and the U.S. have clashed over a lot of things this past ...
A version of this article appears in print on , Section B, Page 1 of the New York edition with the headline: China Fines Didi $1.2 Billion as Crackdown on Tech Sector Continues.
Didi’s stock tumbled Friday after China’s Cyberspace Administration suspended the registration of new users from the company. The suspension comes just two days after China’s largest ride ...
More details of China’s new cybersecurity rules have recently come to light as Didi, the SoftBank-backed ride-sharing dominator in China, became the target of the Chinese government’s latest ...
Didi’s abrupt decision to leave brings home a stark truth for Wall Street: China doesn’t need it anymore. The world’s No. 2 economy has plenty of its own money and few problems attracting ...
Just one day after ride-hailing giant Didi was banned from app stores in China, authorities have started investigating three other major technology services, citing concerns about national data ...
DiDi Global is expanding beyond China, focusing on Hong Kong and other overseas markets to drive higher growth. ... At 1x revenue, we expect DiDi to have 46% upside from the current level.
Hong Kong – Chinese regulators have clamped down on the country’s largest ride-hailing app, Didi Global Inc., days after its shares began trading in New York. Authorities told Didi to stop new ...
Didi Global’s shares fell more than 10 percent in New York on Friday after China’s cyberspace agency said it had launched an investigation into the Chinese ride-hailing giant to pr… ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Ryan Knutson: China and the U.S. have clashed over a lot of things this past ...
HONG KONG (AP) — Chinese regulators have clamped down on the country’s largest ride-hailing app, Didi Global Inc., days after its shares began trading in New York. Authorities told Didi ...