Tag: Didi
Written by Linda D. MohlerSeptember 2, 2021
This Chinese Delivery Leader Is Taking Aim at Didi, Pinduoduo, and Alibaba
Food & Cooking News Article
Many Chinese technology stocks have come under pressure over the past few months, with several down 30%, 40%, or even 50% or more. The Chinese Communist Party has been cracking down on the technology sector’s meteoric rise, and is now asserting control over its growing digital economy in a stronger way. But investors may now
Written by Linda D. MohlerJuly 10, 2021
Crackdown on Didi and companies like it could cost China as much as $45 trillion by 2030
Food & Cooking News Article
A navigation map on the app of Chinese ride-hailing giant Didi is seen on a mobile phone in front of the app logo displayed in this illustration picture taken July 1, 2021. Florence Lo | Reuters This was a clarifying week for global investors — or for anyone concerned about authoritarian capitalism — of just
Written by Linda D. MohlerJune 30, 2021
Didi, the Chinese Ride-Hailing Giant, Makes Its Debut on Wall Street
Food & Cooking News Article
In April, Didi was one of nearly three dozen Chinese internet companies that were hauled before regulators and ordered to ensure their compliance with antimonopoly rules and to “put the nation’s interests first.” Didi promptly issued a statement, which the antitrust regulator published on its website, vowing to “promote the development and prosperity of socialist