DiDi Global Inc

Didi Global, Inc. operates a mobility platform that provides ride hailing and other related services. The firm offers a wide range of app-based services across Asia Pacific, Latin America and other global markets, including ride hailing, taxi hailing, chauffeur, hitch and other forms of shared mobility as well as auto solutions, food delivery, intra-city freight and financial services. It operates through the following segments: China Mobility, International, and Other Initiative. The China Mobility segment consists of ride hailing, taxi hailing, chauffeur and hitch services. The International segment includes ride hailing and food delivery services in international markets, outside of China. The Other Initiatives segment mainly consists of bike and e-bike sharing, certain auto solutions, intra-city freight, community group buying, autonomous driving, and financial services. The company was founded by Wei Cheng, Qing Liu, Bo Zhang and Rui Wu on January 11, 2013 and is headquartered Beijing, China.

Earnings data Q1 2024

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Didi Global, Inc. engages in the operation of mobility platforms that provides ride hailing and other related services. It operates through the following segments: China Mobility, International, and Other Initiative. The China Mobility segment consists of ride hailing, taxi hailing, chauffeur and hitch services. The International segment includes ride hailing and food delivery services in international markets, outside of China. The Other Initiatives segment mainly consists of bike and e-bike sharing, certain auto solutions, intra-city freight, community group buying, autonomous driving, and financial services. The company was founded by Wei Cheng, Qing Liu, Bo Zhang and Rui Wu on January 11, 2013 and is headquartered Beijing, China.

Alibaba

JD.com

After China's strong reaction to DiDi's listing, the new rules offer hope to Chinese companies wanting to list overseas. There's a formal process now, although it does mean another regulatory hurdle to overcome.

China Sets New Rules for Overseas IPOs. What It Means for DiDi, Alibaba, and Others.

China Sets New Rules for Overseas IPOs. What It Means for DiDi, Alibaba and Others.

Apple

Chinese technology company Didi Global's domestic ride-hailing app has returned to China's domestic Apple app store , according to checks by Reuters on Friday.

Didi Global's ride-hailing app back on Apple app stores in China

Didi Global's Chinese ride-hailing app returned to some Android app stores on Tuesday, according to Reuters checks and a source with direct knowledge of the matter, signalling its emergence from around 1-1/2 years of regulatory troubles.

Didi's China ride-hailing app back on some app stores

Chinese tech stocks are making a strong comeback with regulatory restrictions easing after more than two years. DiDi, since the delisting from NYSE, has not received the attention of growth investors for good reasons.

The Outlook For DiDi Global Amid Easing Regulatory Tensions

There is sweeping optimism that Beijing's crackdown on the technology sector that has also hit Tencent and JD.com, is thawing as companies address issues such as market dominance and the sharing of data.

Alibaba and Other Chinese Stocks Are Soaring as Tech Clampdown Eases

The ride-hailing company said Monday it had received regulatory approval to resume user registrations immediately.

Didi Allowed to Sign New Users as China Eases Tech Crackdown. Relisting Next?

Eighteen months after its app was suspended in China, ride hailing giant Didi made a comeback on Monday. The move came as China showed signs of easing up its sweeping regulatory clampdown on the internet sector over the past three years.

Didi gets China approval to relaunch after 18-month security probe

Didi Global said it obtained approval from the Chinese cybersecurity regulator to resume new user registration for its ride-hailing service.

Didi Wins Approval to Restart New User Registration for Ride-Hailing Service

China's ride hailing giant Didi Global said in a statement on Monday that it would be allowed to resume new user registration, after a more than year-long ban that curbed its growth.

China ride giant Didi says to resume new user registration

Technology firm Didi could see its software return to Chinese app stores as early as next week, according to Reuters, following a near two-year regulatory clampdown. Following the news its American depositary receipts soared in OTC trading, climbing 8.6% from US$4.60 to US$5.03 though they have dipped back since.

Didi spikes on reports apps will be allowed again in China

Chinese authorities are set to allow Didi Global's ride-hailing and other apps back on domestic app stores as soon as next week.

Exclusive: China to allow Didi apps back online, in latest sign of regulatory thaw-sources

Baidu

Global X MSCI China Information Technology ETF

Invesco China Technology ETF

Direxion Daily CSI China Internet Index Bull 2X Shares

KraneShares CSI China Internet ETF

Tencent Holdings Limited

Increased regulation of China's consumer tech industry has seriously dented company revenues, with widespread implications. But the digitisation of industry - supported by government policies - provides an opportunity for growth, which could help the overall digital economy grow by an average of 16% per year over the next decade.

China's Digital Economy: Divided But Growing

DiDi Global Inc. listed on the NYSE and then delisted within less than a calendar year (IPO June 30, 2021, delisting June 10, 2022). Now trading over-the-counter, DiDi Global Inc.'s financials are no longer subject to audit. Additionally, pre-IPO reporting is spotty and the financials are volatile in ways that simply don't add up.

DiDi Global: Get Out While You Still Can

Li Auto Inc.

Chinese ride-hailing firm Didi's joint venture with Li Auto has applied for bankruptcy, according to a court filing, pointing to the end of a four-year-old partnership to make electric vehicles (EV).

China's Didi EV joint venture with Li Auto applies for bankruptcy - court

China's $1.2 billion fine on Didi Global draws a line under the ride hailing company's regulatory woes, but the retroactive application of laws and a lack of clarity on the firm's business revival show the worst for its tech sector may not be over.

Despite Didi's $1.2 billion fine, China tech's regulatory woes may not be over

China's cyberspace regulator fined Didi Global just over 8 billion yuan ($1.2 billion) on Thursday for violating cybersecurity and data laws, putting an end to a yearlong investigation into the ride-hailing giant.

China fines Didi $1.2 billion for violating cybersecurity and data laws

Regulators sought to make the company an example of the consequences of mishandling data — and of the grave political error of ignoring the authorities.

China Fines Didi $1.2 Billion as Tech Sector Pressures Persist

Chinese authorities have decided to impose an 8 billion yuan ($1.2 billion) fine on embattled ride-sharing giant Didi Global, after a year-long investigation uncovered what was described as “serious” violations of the country's data security laws.

Chinese Ride-Sharing Giant Didi Global Fined More Than $1 Billion In Year-Long Cybersecurity Probe

SINGAPORE–Chinese authorities fined ride-hailing company Didi Global Inc. the equivalent of about $1.2 billion, bringing an end to a year-long investigation into the company's cybersecurity practices.

China slaps $1.2 billion fine on ride-hailing giant Didi, citing cybersecurity breaches — WSJ

China's cybersecurity regulator fined Didi Global Inc 8.026 billion yuan ($1.2 billion) after a year-long probe found the ride hailing giant had violated laws including ones pertaining to data security.

Reaction to China imposing $1.2 billion fine on Didi Global

SHANGHAI (Reuters) -China's cybersecurity regulator said on Thursday it has fined Didi Global Inc 8.026 billion yuan ($1.19 billion), concluding a probe that forced the ride-hailing giant to delist from New York within a year and cast a gloom over the Chinese tech sector.

China fines Didi Global $1.2 billion for violating data security laws

China's cybersecurity authority fined ride-hailing giant Didi in apparent closure of a yearlong probe that prevented the company from adding new users.

China fines Didi more than $1 billion for breaking data security laws

China is preparing to hit ride-hailing giant Didi with a fine of more than $1 billion to wrap up a long-running probe, media reports said, boosting investor hopes that the country's tech crackdown is winding down.

China to fine ride-hailing giant Didi more than $1 bn: reports

Didi, the Chinese ride hailing behemoth that has undergone a year of regulatory overhaul, faces a fine of over 8 billion yuan ($1.28 billion) from the country's authorities, The Wall Street Journal and Reuters reported. The company did not immediately respond to a request for comment.

News for DiDi Global Inc Stock (DIDIY)