NEW YORK (Reuters) - DiDi Global's $740 million settlement of a lawsuit claiming it defrauded investors in connection with its initial public offering is expected to be submitted for approval by a ...
Chinese ride-hailing company Didi Global Inc. said it is under investigation by the Securities and Exchange Commission regarding its 2021 IPO, sending shares tumbling in after-hours trading Tuesday.
BEIJING--(BUSINESS WIRE)--DiDi Global Inc. (“DiDi” or the “Company”) (NYSE: DIDI), the world’s leading mobility technology platform, today announced that it filed its annual report on Form 20-F for ...
Didi said Friday that it would “immediately” start the process of delisting from the New York Stock Exchange and pivot to Hong Kong, just months after its disastrous IPO. “After a careful study, the ...
DiDi's stock has fallen nearly 50% below its IPO price. That decline was almost entirely caused by regulatory headwinds. DiDi's stock looks cheap, but it won't recover anytime soon. In 2020, DiDi ...
Nov 13 (Reuters) - Didi Global, China's largest ride-hailing company, on Monday reported its first quarterly profit since 2021, adding to signs of its comeback from regulatory challenges as domestic ...
China’s ride-hailing firm Didi Global on Wednesday reported a 1.7% decline in third-quarter revenue, as its domestic business took a hit from a regulatory crackdown. Daniel Zhang, the chief executive ...