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 ...
Didi Global (NYSE:DIDI) went public on June 29 at a price of $14. After two days of trading, it was over $16. Since then, it’s pretty much been downhill for DIDI stock. Source: Piotr Swat / ...
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Democratic Senator Chris Van Hollen called on US financial regulators to probe the disastrous IPO of Chinese ride-hailing company Didi. “The SEC should thoroughly investigate this incident to see if ...
Dec 29 (Reuters) - 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, ...
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 ...
DiDi was one of the worst IPOs of 2021. It’s under immense pressure from Chinese and U.S. regulators. DiDi’s stock could generate multibagger gains if it survives this gauntlet -- but it remains 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.
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 ...