The question on the lips of two senators is whether Didi Chuxing, a ridesharing giant that went public last week, misled American investors, the Financial Times (FT) reported. Sen. Bill Hagerty of Tennessee and Sen. Chris Van Hollen of Maryland said they want the Securities...
Chinese officials are stepping up antitrust probes into numerous domestic technology firms, popping into facilities unannounced, The Wall Street Journal (WSJ) reported. The agencies involved include the State Administration for Market Regulation, the Cyberspace Administration of China, and the State Tax Administration, according to WSJ,...
In fewer than six months, there has been a new record hit for U.S. initial public offerings (IPOs), U.S. News reported. There are still six more months before 2021 ends, and IPOs have already reached $171 billion, which is more than last year’s record of...
The parade of listings from platform companies, and digital disruptors aiming and streamlining everyday activities, continues. To that end, Didi Chuxing Technology Co. filed its F-1 (under its official name, Xiaoju Kuaizhi Inc.) with the SEC to go public in the U.S., with American depositary...
April 21, 2017
Everyone’s talking about it. Apple looks to have joined the race to develop self-driving technology. Though, as is typical with Apple projects, details are vague at best. Lest we forget the quintessential uttering by CEO Tim Cook at a company shareholder meeting last month: “future stuff [we] can’t talk about.” At the time, “future stuff” […]
January 11, 2022
The co-founder of Chinese ride-hailing giant DiDi Chuxing has left his position as chairman of the company’s payment operation amid a cybersecurity investigation and delisting on the New York Stock Exchange. As the South China Morning Post reported Tuesday (Jan. 11), Bob Zhang Bo, who is also the firm’s chief technology officer, was no longer […]
July 08, 2021
The question on the lips of two senators is whether Didi Chuxing, a ridesharing giant that went public last week, misled American investors, the Financial Times (FT) reported. Sen. Bill...
June 17, 2021
Chinese officials are stepping up antitrust probes into numerous domestic technology firms, popping into facilities unannounced, The Wall Street Journal (WSJ) reported. The agencies involved include the State Administration for...
June 15, 2021
In fewer than six months, there has been a new record hit for U.S. initial public offerings (IPOs), U.S. News reported. There are still six more months before 2021 ends,...
