Showing 12 of 113 posts with this tag
Fu Qiang, senior vice president of Didi and CEO of the Urban Transportation and Service Department within the ride-hailing giant, will leave his post in the near future, and his next job is unknown.
Chinese shared car specialist Didi's smaller and similarly named rival, Dida, just filed for a Hong Kong IPO on February 20. The nine-year-old startup, which specializes in the business of carpooling with strangers, had failed two previous listing applications.
Following the release of a Reuters article on Sequoia Capital China's 20 percent cut of investment staff, Sequoia China has dismissed the report firmly, claiming that the published article is “nonsense” and a malicious attempt for defamation.
Mary Meeker published the 23rd edition of the annual “Internet Trends Report” on May 31, predicting that China and US will both lead the world's AI technology i...
On the evening of July 29th, the Wall Street Journal reported that Didi, an online ride-hailing company, was considering privatization to appease the dissatisfaction of Chinese authorities. The report said that the company would also compensate investors for losses incurred by the company's listing in the United States a month earlier. Didi later denied this report on its official Weibo channel. Prior to that time, the company's pre-market share price spiked 50%.
From April 28th to May 4th, DiDi will distribute a total of ¥200 million RMB ($29 million USD) in rewards to drivers using the DiDi ride-hailing app in nearly 80 cities across China.
Six Tianjin Government Departments conducted a joint interview with eight car-hailing platforms on Wednesday, including Didi Chuxing, T3 Travel, Meituan and CaoCao Chuxing.
On July 13th, EST, Jianzhi Education submitted its prospectus to the Securities and Exchange Commission (SEC), eyeing to raise $50 million. The pricing terms were not disclosed.
Chinese ride-hailing giant Didi announced on Monday that it will delist from the New York Stock Exchange. Didi plans to file Form 25 with the US Securities and Exchange Commission on or after June 2.
China’s ride-hailing behemoth Didi Chuxing announced on September 24 that its English language interface in China, DiDi English, has served more than 2 million users across 430 cities in China since its launch in 2017.
Leading Chinese microblogging platform Weibo announced on Monday that Zhang Yong, CEO of Alibaba, has resigned from the position of company director with immediate effect.
The tragic murder of female passenger, who happened to be an attractive flight attendant, in a Didi Hitch ride early this month was not the first sexual assault...