Didi Chuxing

Didi prepares to relaunch apps in China, expects probe to end soon: Report

The company has set aside 10 billion yuan ($1.6 billion) for possible fines, the report said citing a source

City of Beijing said to seek taking Didi under state control

Didi's shares spiked 8% before paring gains to about 5% higher in pre-market trading in New York

Vision Fund's bet on Didi Chuxing falls $4 billion into the red

More than one-quarter of the Vision Fund's portfolio is the Japanese group's heavy investment in China's tech sector.

Didi extends fall as Beijing clampdown sounds alarm for US-listed China cos

Didi Global fell for the third consecutive session on Wednesday after China ordered the app removed from mobile app stores as part of a broader crackdown on China-based companies with overseas listing

Didi Global shares fall further below IPO price after China's rule changes

Didi's offering was the second-largest US-listing for a Chinese firm on record.

China signals broad clampdown on company data, offshore listings

Crackdown wipes out billions from Didi, other US-listed companies

Didi falls 25% in pre-open trade on China crackdown, loses $19 bn in m-cap

A sharp sell-off in Didi shares would further dent confidence of its investors, who were shocked by the probe into the ride-hailing firm just two days after its New York stock market debut

Explainer: Why China is investigating technology firms like Didi

China's cyberspace watchdog said it suspects Didi was involved in illegal collection and use of personal data. It did not cite any specific violations.

Shares of SoftBank, biggest investor in Didi, sink after China blocks app

SoftBank fell 5.4% in Tokyo, the most among stocks on Japan's Nikkei 225 Stock Average and the biggest decline since it reported earnings in May.

China widens probe beyond Didi Global, roiling global investors

The company says app takedown may hit its revenue

Didi says app takedown may hurt revenue, other US-listed China firms probed

Sunday's takedown order from the Cyberspace Administration of China (CAC) comes just two days after the regulator announced an investigation into Didi

Didi Chuxing says app takedown may adversely impact revenue in China

China's biggest ride-hailing firm Didi Global Inc said on Sunday removal of its 'DiDi Chuxing' app from smartphone app stores in China is expected to have an adverse impact on its revenue in China

China blocks Didi Chuxing from all app stores over misuse of user data

Current half-bn users can order rides if they downloaded the app before Sunday

Didi shares dive as China unveils new cyber probe after mega IPO

Didi lost as much as 11% of its market value at one point on Friday

Just days after IPO, China opens cyber probe against Didi; shares fall 10%

Beijing-based Didi said in a statement to Reuters that it planned to conduct a comprehensive examination of cybersecurity risks and would cooperate fully with the relevant government authority.

China's Didi raises $4.4 billion in upsized US initial public offering

Didi sold 316.8 million American Depository Shares (ADS), versus the planned 288 million, at $14 apiece.

China's Didi touts technology spending ahead of Wall Street debut

The firm is highlighting its global reach and investments in developing electric and self-driving cars.

China's IPO-bound Didi Chuxing probed for antitrust violations, say sources

the ride-hailing giant is pushing ahead with what could be the largest initial public offering in the United States this year

China's Didi leans towards NY over HK for IPO, eyeing $100 bn valuation

China's top ride-hailing firm Didi Chuxing is leaning toward picking New York over Hong Kong for its IPO, eyeing a valuation of at least $100 billion via the float, two sources said

Didi Chuxing considers going public in 2021; targets $60-bn valuation

Firm is also considering a new fundraising round before IPO in Hong Kong