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.

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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.

XPeng

XPeng's shares rose sharply in Hong Kong after the electric-vehicle maker announced a strategic partnership with ride-hailing giant DiDi Global.

EV maker XPeng announces strategic partnership with Didi, shares rise in Hong Kong

Chinese electric vehicle upstart Xpeng is acquiring the smart EV unit of Didi, China's ride hailing giant, marking another significant alliance that the Tesla challenge has struck in recent months. In an announcement on Monday, Didi said the duo is forming a strategic partnership to “promote the global application of smart electric vehicles and technologies.

Tesla's China rival Xpeng buys ride hailing giant Didi's EV unit

China's car hailing giant Didi said it is selling its autonomous vehicle unit to electric car company Xpeng, forming a strategic partnership to launch a new car brand in 2024.

China's Xpeng to take over Didi's autonomus vehicle unit, eyeing 2024 launch

DiDi Global's current market valuation of around $14 billion on the OTC market does not accurately reflect its true underlying value, creating a significant discrepancy. The strong moat created by DiDi in the Chinese ride-sharing market, through its dominant market share and network effects, has helped solidify its position and deter competition. Factors such as the re-listing of DiDi's stock on a major exchange like the Hong Kong Exchange could unlock DiDi's value and reward investors with a 2x return.

DiDi Global: Potential Upside If The Market Recognizes Its Intrinsic Value

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U.S.-traded shares of Chinese companies Alibaba Group Holding and Didi Global are seeing different reactions Wednesday after weak data on manufacturing pulled down stocks in Hong Kong.

Alibaba and Didi Stocks Are Moving After China's Factory Slump Worsens

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Chinese ride hailing giant Didi Global on Saturday reported a 19% year-on-year fall in 2022 revenue, as the country's COVID lockdowns and a regulatory crackdown took a toll.

China's Didi sees 2022 revenue hit by COVID, net loss narrows

China's ride hailing giant Didi is back in public view after two years of staying low amid a regulatory crackdown.

China's Didi to dispatch robotaxis 24/7 in 2025, announces trucking service

DiDi's autonomous driving unit showed off a concept robotaxi, or driverless taxi, called DiDi Neuron.

Chinese ride-hailing giant DiDi developing own driverless taxis, plans to roll them out in 2025

The Beijing-headquartered company said in an online statement that it plans to work with partners in 2023 to launch more diversified products and services.

Chinese ride-hailing giant Didi plans expansion after Beijing's crackdown on the firm ends

Chinese ride-hailing company Didi Global plans to expand services and offer more subsidies to passengers and drivers, it said on Thursday, looking to shore up its business in China following the end of a regulatory probe.

Didi to expand services in China after regulators end probe

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.

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

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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.

News for DiDi Global Inc Stock (DIDIY)