NewsDidi shareholders expected to back U.S. delisting planInvestors are being forced to “play the long game” amid unrelenting pressure from Beijing. 2 mins read
Majority of 200 employees to be laid off, two years after entry into market. NewsDidi to shut food delivery business in Japan2 mins read
Competitors have eaten into Didi’s market share after it was removed from app stores in China last year. NewsDidi set to lay off 20% of staff as multiple business lines fail to meet expectations3 mins read
New regulations aim to improve gig workers’ pay and labor conditions. InsightsGig workers in China have better protections, but there’s still a long way to go5 mins read
Chinese President Xi Jinping keeps tight controls on tech companies ahead of party congress. NewsDidi delisting reflects Chinese worry over losing big data to US3 mins read
Leading ride-hailer to make dramatic retreat after USD 4.4 billion June IPO. NewsChina’s Didi Global to delist from New York in favor of Hong Kong1 min read
Several major mutual aid platforms have been suspended this year, while regulators are determined to rein in tech firms’ control of insurance-like services. NewsDidi suspends mutual aid service as China tightens fintech regulations2 mins read
Under adjusted rules, drivers and vehicles that lack ride-hailing permits will be taken offline. NewsChina’s Ministry of Transportation warns ride-hailing platforms against performing ‘illegal’ operations2 mins read
Close to USD 1 billion worth of offerings in works despite declared ‘pause’ in US reviews. NewsChinese companies seek to reopen path for New York IPOs5 mins read
NewsDeals in brief: Insider raises USD 500 million, UOB FinLab funds ASEAN green tech pilots, six China deals, and more