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didi revenue: China's Didi Q2 revenue grows as regulatory curbs ease

Revenues at Chinas Didi Chuxing rose 52.6% for the April-June quarter from a year earlier to 48.8 billion yuan ($6.65 billion, as the ride-hailing firm emerged from a regulatory crackdown and demand rebounded with the end of strict COVID-19 restrictions.
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None: China's Didi Q2 revenue grows as regulatory curbs ease

The company, launched in Beijing in 2012 and backed by prominent investors including Alibaba, Tencent and SoftBank Group, ran afoul of regulators at the powerful Cyberspace Administration of China when it pressed ahead in 2021 with a U.S. stock listing against the regulators wishes, sources have told Reuters. It was delisted from the New York Stock Exchange last year.
Cyberspace Administration Of China Softbank Group York Stock Exchange New York Stock Exchange Didi Chuxing Cyberspace Administration

HONG KONG (Reuters) -- Chinese electric car company Xpeng said it will acquire ride-hailing giant Didi's smart electric vehicle (EV) unit in a deal wo
Didi Chuxing China S Didi S
Source: nikkei.com

China Consumers Association to rev up supervision on car-hailing aggregation platforms

The China Consumers Association (CCA) on Monday said that it will carry out supervision on online car-hailing aggregation platforms, which will be a complementary measure to the regulated management of the platforms conducted by five government ministries which was released in April.
Gaode Dache China Consumers Association Administrative Bureau Didi Chuxing Dida Chuxing Cao Mobility Photo

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