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China's Didi to leave US stock market amid tech crackdown - Vimarsana News

China's Didi to leave US stock market amid tech crackdown

Chinese ride-hailing service Didi Global Inc. says it will pull out of the New York Stock Exchange and shift its listing to Hong Kong as the ruling Communist Party tightens control over tech industries

Source: go.com
Chinese Ride-Sharing Leader Didi Chuxing Prepares for Year's Largest Listing - Vimarsana News

Chinese Ride-Sharing Leader Didi Chuxing Prepares for Year's Largest Listing

Chinese ride-sharing leader Didi Chuxing is preparing for what likely will be the year's largest initial public offering to hit the U.S. IPO market....UBER

China Tech Digest: Luckin Coffee Files For Bankruptcy In New York - Vimarsana News

China Tech Digest: Luckin Coffee Files For Bankruptcy In New York

Total0 Luckin Coffee files for bankruptcy protection in New York Luckin Coffee filed for bankruptcy protection in New York under Chapter 15 of the US Bankruptcy Law. All the company’s stores in China are still open and providing services to customers, and are expected to have no significant impact on daily operations. Luckin Coffee explained on its official Weibo that filing for bankruptcy protection is an important step in its restructuring plan. Kuaishou shares surge after $5.4 billion IPO in Hong Kong Kuaishou, a Chinese short video app, saw its shares jump after its US$5.4 billion Hong ...