China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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166 articles matching the search query.
Antitrust watchdog punishes Alibaba, Tencent and Didi for decade-old deals
Fines come as Beijing ups its scrutiny of Big Tech across a range of issues, including data security, consumer privacy and anticompetitive practices.
Missing Woman Found Dead in BBQ Shop Freezer in South China
Her murderer was a man who posed as a Didi driver.
Didi Stock Rises on First Day, Though Rally Fades Into the Close
Shares in the Chinese ride-sharing company pared most of their gains after opening 19% higher in a debut following the initial public offering.
Didi raises $4bn in US IPO but fails to match Uber valuation
China-ride hailer lands in New York amid concern over losses and regulatory curbs
China Online Grocer Missfresh Drops 26% On Nasdaq Debut; CEO Sees Growth Prospects
China neighborhood online grocer MissFresh added its name on Friday to the largest group of U.S. IPOs in 21 years in the second quarter.
Chinese ride-hailer Didi seeks $4bn in US IPO
Tech group scales back expectations after Beijing steps up regulatory scrutiny
Baidu will charge for robotaxis in Beijing, the first in China to do so
Baidu will allow people to order autonomous taxis on May 2 in an industrial park in western Beijing as competition heats up in the race to develop autonomous driving tech.
China warns 34 tech firms against excess in antitrust crackdown
Chinese authorities summoned 34 of the country’s biggest internet companies on Tuesday, including Tencent, Meituan and ByteDance, ordering them to learn a lesson from Alibaba’s case, and to conduct self-inspections to comply with antitrust laws.
Exclusive: China's Didi leans towards New York for IPO, eyes valuation of at least $100 billion - sources
China's top ride-hailing firm Didi Chuxing is leaning toward picking New York over Hong Kong for its initial public offering (IPO), eyeing a valuation of at least $100 billion via the float, two people with direct knowledge of the matter said.
China's Didi Chuxing partners with WhatsApp for ride-hailing in Brazil
Brazilian ride-hailing service 99, controlled by China's Didi Chuxing Technology Co Ltd, has partnered with WhatsApp to accept orders on the chat platform owned by Facebook in a move that would allow users to summon cars without using another app.
China’s Ride-Hailing Giant Didi to Test Beijing’s New Digital Currency
Didi is working with the People’s Bank of China to test the central bank’s fledgling digital currency on its transportation platform, advancing Beijing’s effort to digitize the yuan.
China to test sovereign digital currency on ride hailing giant Didi
China’s central bank is partnering up with Didi Chuxing to test the use of its digital currency, which could make China's dominant ride hailing platform one of the world's first's corporate users of a government-created virtual currency.
SoftBank CEO Masayoshi Son Quits Alibaba Board
SoftBank CEO Masayoshi Son said he would step down as a director of Chinese e-commerce giant Alibaba, bringing to a close a decade and a half of board-level ties between the two Asian technology powerhouses.
Didi says ride-hailing business profitable, amid recovery in China market
Didi’s ride volume in China has reached 60 to 70 per cent of pre-coronavirus levels and is five times its February low, president Jean Liu Qing says.
SoftBank, Legend Invest $150 Million in Didi Chuxing’s Bike-Sharing Unit
China’s ride-hailing giant Didi Chuxing has raised $150 million from SoftBank and Legend Capital for its bike-sharing unit, Qingju. This is the first time it has raised money from outside investors for the business, according to people with direct knowledge of the deal.Media reports in recent ...
China's Didi aims for 100 million orders a day by 2022: CEO
Didi Chuxing, China's biggest ride-hailing firm which counts SoftBank as an investor, aims to complete 100 million orders a day and have 800 million monthly active users globally by 2022, CEO Cheng Wei said.
Didi boss says safety scandal hit harder than her fight against cancer
Didi president Jean Liu says passenger deaths and subsequent safety scandal dealt a bigger personal blow than her struggle with breast cancer in 2015
China's Didi cancels night time men-only policy
Ride-hailing app was to close off carpooling service for women after 8 pm
Didi is relaunching its pool service with a curfew for female passengers
Following the murder of two female passengers last year, China's largest ride-sharing company is restarting carpooling—but only until 8pm if you're a woman.
