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Didi: China's Didi swings to third-quarter profit, to buy-back $1 billion worth of shares

Didi Global reported net income attributable to shareholders of 107 million yuan ($14.66 million) in the three months ending September 30, compared with a loss of 2.01 billion yuan a year ago.

China , Didi-global , Didi , Demand , Revenue , Domestic-demand ,

Mumbai Court Junks Case Of Nat'l Anthem Disrespect Against Didi | Mumbai News

A magistrate's court in Mumbai has dismissed a complaint filed against West Bengal CM Mamata Banerjee, alleging that she disrespected the National Ant

Mumbai , Maharashtra , India , Pankaj-bhujbal , Mamata-banerjee , Jyoti-priya-mallick , Vivekanand-gupta , Supreme-court , National-anthem , West-bengal , Criminal-procedure-code , Bengal-chief-minister-mamata-banerjee

Didi plans 2024 Hong Kong listing in comeback bid

Didi Global, China's largest ride-hailing company, is planning to list shares on the Hong Kong stock exchange next year, following its troubled IPO in New York in 2021. The company has improved its relationship with Chinese regulators after a probe that resulted in a fine of $1.1 billion last year. Didi's market share in China has declined from 90% to around 70%.

Beijing , China , United-states , United-kingdom , New-york , South-africa , Kazakhstan , Russia , Brazil , New-york-stock-exchange , Cheng-wei , Guangdong

Ola, Ather deposit Rs 129 crore for buyer refunds; IT firms see major dip in hiring

Four e-scooter makers have deposited part of the over Rs 300 crore they have to refund to buyers for mispricing their ebikes to avail of subsidies.

Daily-top , Zomato , Xtreme , Wipro , Tvs-motor-company , Tcs , Ola , Microsoft , It-firms , Infosys , Ifci

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 regulator's wishes, sources have told Reuters. It was delisted from the New York Stock Exchange last year.

Beijing , China , Cyberspace-administration-of-china , Softbank-group , Reuters , York-stock-exchange , New-york-stock-exchange , Didi-chuxing , Cyberspace-administration , None , Didi

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

Revenues at China's 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.

China , Beijing , Lucknow , Uttar-pradesh , India , Chinese , York-stock-exchange , Softbank-group , Offering-college , Programme-in-data-science , New-york-stock-exchange

China EV giant XPeng to buy Didi subsidiary

BEIJING: Chinese electric car giant XPeng said on Monday it would buy the EV subsidiary of ride-hailing platform Didi for more than $740 million and launch a new brand of vehicles.

Shanghai , China , Beijing , Guangdong , Jilin , Hong-kong , Manila , Philippines , Amsterdam , Noord-holland , Netherlands , Chinese

didi global: China's Xpeng to acquire Didi's smart EV unit in deal worth up to $744 million

As part of the deal, which could be worth as much as $744 million, Xpeng will launch an A-class model next year under a new brand, currently called MONA, aiming to expand in the mass-market segment.

Didi-global , Didi , Xpeng , Smart-ev , Electric-vehicles ,