Didi Global Inc. tumbled Friday after China said it’s starting a cybersecurity review of the ride-hailing company just two days after it pulled off one of the biggest U.S. stock market debuts of the …
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Didi Tumbles on China Cybersecurity Review 2 Days After IPO
Didi Dives as China Unveils New Cyber Probe After Mega IPO
The surprise probe by China’s internet regulator piles on the scrutiny of Didi over issues ranging from antitrust to data security. The company has been grappling with a broad a …
Pandemic fight, economy among China topics of interest in survey
An online survey which began in February by China Daily and its global media outlets found that China’s anti-pandemic experience and economic development were the top topics global netizens are most …
Coronavirus: Indonesia defends use of China’s Sinovac amid surge in Delta variant
The Indonesian health minister has defended the country’s use of China’s Sinovac vaccine, blaming a surge of Covid-19 cases over the past month on the more contagious Delta variant. Budi Gunadi …
Economic Watch: China boosts green finance in pursuit of carbon neutrality
A green finance evaluation scheme for financial institutions and an updated green bond projects catalogue have come into effect as part of China’s latest efforts to facilitate its goal of carbon …
China’s cyberspace administration launches probe into ride-hailing giant Didi, two days after mega IPO
Investigation by cyberspace watchdog comes hot on the heels of mega IPO in the US and as Beijing ups regulatory scrutiny of Big Tech.
China watchdog launches review of Didi Global days after IPO
China’s internet watchdog said Friday that it has launched an investigation into ride-hailing company Didi Global Inc. to protect national security and public interest, days after the company went …
China’s Internet Regulator Reviewing Cybersecurity of Ride-Hailing Business Didi Chuxing
During the review of the Chinese ride-hailing business of Didi Global, which went public in the U.S. this week, no new user registration will be allowed.
China opens an inquiry into Didi, two days after the ride-hailing app’s Wall Street debut.
The action, announced in a terse statement, comes amid a broader crackdown by Beijing against technology giants.
Didi shares fall after China announces cybersecurity review just days after IPO
Shares of Didi fell Friday after China announced a cybersecurity review of the ride hailing company. Didi is based in China, and held its IPO on the New York Stock Exchange on Wednesday.Didi shares …
H&M’s China sales hit as boycott bites
Fashion retailer H&M (HMb.ST) has taken a sales hit in China in recent months, its latest results showed, after consumers there called for boycotts of foreign apparel brands over past comments they …
China, India Move Tens of Thousands of Troops to the Border in Largest Buildup in Decades
China and India have deployed tens of thousands of troops, placed advanced military equipment and built new infrastructure at their disputed border in recent months, as the rivals escalate their …
Didi Slumps As China Launches Cybersecurity Probe Days After $8 Billion IPO
China’s Cyberspace Administration unveiled its probe Friday, just days after the ride-sharing group’s $8 billion debut on the Nasdaq.
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