Tags Ride sharing

Tag: ride sharing

China imposes ‘unprecedented’ punishment for Didi after US IPO

China is reportedly weighing an "unprecedented" penalty for Didi after the ride-sharing giant went public in the US in June despite action from its...

China’s cyber surveillance sent officials to Didi as it intensifies investigation

China's cyber-watchdog on Friday announced an on-site cybersecurity investigation into ride-hailing service Didi, the company's New York-traded shares plunged after criticism of Didi's handling...

Shares of ‘Chinese Uber’ Didi fall amid government action

Shares of Chinese ride-hailing app Didi have fallen more than a third from their peak since debuting on the New York Stock Exchange two...

China probes Didi in cyber security days after big IPO

Shares of Didi Global fell more than 10 percent in New York on Friday after China's cybersecurity agency said it had launched an investigation...

‘Chinese Uber’ Didi was valued at $80 billion in US IPO, shares jump

Shares of Didi, China's largest ride-hailing firm, rose nearly 19 percent at its New York Stock Exchange opening Wednesday, the largest US listing by...

‘Chinese Uber’ Didi targets $60 billion valuation in US IPO

The largest ride-hailing company in China plans to go public on the New York Stock Exchange at a valuation of more than $60 billion...

Ravel says it will launch ‘Tesla Taxi’ despite NYC TLC ban

The fight to put Tesla taxis on the streets of New York is in full swing. Electric transport startup Ravel said late Wednesday that...

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China is planning unprecedented penalties over reports of Didi shares plummeting

Budrul Chukrut | LightRocket | Getty ImagesChinese ridesharing giant Didi came under pressure again on Thursday amid a report that Beijing is...

Fire breaks out at New Orleans mansion tied to Beyoncé

A $2.4 million historic New Orleans mansion "allegedly owned" by Beyoncé caught fire Wednesday night. A spokesman for the department confirmed that the fire started...

Ellen Hadzik facing sexual abuse charges, upset over Tokyo treatment

A US Olympic fencer is facing "arbitrary and unnecessary" sanctions at the Tokyo Games, amid allegations of sexual harassment. Alan Hadzik, 29, received a...

China imposes ‘unprecedented’ punishment for Didi after US IPO

China is reportedly weighing an "unprecedented" penalty for Didi after the ride-sharing giant went public in the US in June despite action from its...