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US delisting crucial to resuming normal operations: Didi - Vimarsana News

US delisting crucial to resuming normal operations: Didi

Chinese ride-hailing company Didi Global Inc said in a filing that finishing a planned US delisting is a must before it can complete a cybersecurity review and resume its normal operations.

 - Vimarsana News

HONG KONG -- Embattled ride-hailing company Didi Global has cautioned shareholders that winning their support for a planned U.S. delisting was a

Source: nikkei.com
Didi asks shareholders to approve delisting in New York to satisfy Beijing - Vimarsana News

Didi asks shareholders to approve delisting in New York to satisfy Beijing

The ride-hailing giant is urging shareholders to vote to delist from the New York Stock Exchange to help it wrap up its cybersecurity probe from Beijing and list on another exchange, possibly in Hong Kong.

Source: scmp.com
BBCNEWS World Business Report June 4, 2024 04:39:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:39:00

Uber recently reported a loss of $5.9 billion the firm said almost all of the loss was a result of the fall in the value of investments in businesses including two asian ride—hailing giants — china's didi and south east asia's grab. the united states is suspending tariffs on ukrainian steel for a year. the move comes as the biden administration looks for ways to help ukraine.the previous trump administration imposed a 25 percent tariff on steel imports from ukraine and many other countries back in 2018. a global shortage of computer chips and rising energy costs for manufacturers has led t...

Uber Loses Nearly $6 Billion on Investments in Didi, Grab - Vimarsana News

Uber Loses Nearly $6 Billion on Investments in Didi, Grab

Uber reported losses of nearly $6 billion for the first three months of the year, driven by its ...