Stay updated with breaking news from Didi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
HONG KONG: Didi Global Inc disclosed a US$4.7bil (RM19.60bil) loss after revenues shrank in the September quarter, revealing the rising cost of a series of regulatory actions that will force China’s ride-sharing leader to shift its listing to Hong Kong next year.
The ride-hailing company’s China mobility business—which includes its core ride-hailing operations—was the main cause for the drop
With new rules on 'Negative List' companies and for VIE-type structures, China is restricting investment while also stipulating it's permissible....DIDI
BEIJING: Beijing has tightened the rules on overseas listings by Chinese firms in a series of new regulations that increase scrutiny of companies seeking to raise funds on foreign stock markets.China has stepped up scrutiny of major overseas listings after a controversial New York IPO by ride-hailing giant Didi Chuxing went ahead this year, despite...
Employees will not be able to sell shares until after the company has listed in Hong Kong, according to the report.