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Industry Keyword: Didi Chuxing

HomeKeywords:Didi Chuxing

SoftBank dragged into red by falling Vision Fund valuations

SoftBank Group Corp reported a 397 billion yen (approximately $3.5 billion) net loss for the July-September quarter, dragged down by a $10 billion investment loss at its Vision Fund unit as tech valuations fell. While...

China’s Didi worth $68 billion after US debut

Didi Global Inc shares ended their first day of US trading slightly over their initial public offering (IPO) price, valuing the ride-hailing giant at $68.49 billion in the biggest US listing by a Chinese...

China’s Didi reveals US IPO filing, sets stage for blockbuster float

Didi Chuxing, China's biggest ride-hailing firm, has made public its filing for a US stock market listing, setting the stage for what is expected to be the world's biggest initial public offering this year. The...

China to crank up anti-trust heat on Big Tech after unprecedented fines

China's unprecedented anti-trust squeeze onto its technology giants isn't only just beginning. Having levied fines and announced a research on Monday into deals backed from the likes of Alibaba Group and Tencent, China's economy regulator...

Didi lines up 2021 IPO in Hong Kong, targets more than $60 billion valuation

China's leading ride-hailing business Didi Chuxing is considering Hong Kong to get a multibillion-dollar first public offering next year, falling previous aims to list in New York amid rising Sino-US tension, people with knowledge...

Didi Chuxing’s CEO aims for 800 million active users by 2022

Didi Chuxing, China's largest ride-hailing firm which counts SoftBank as an investor, aims to complete 100 million orders a day and have 800 million monthly active users globally by 2022, its Chief Executive, Cheng...