Chinese regulators asked Didi Global Inc. as early as three months ago to delay its landmark U.S. initial public offering because of national security concerns involving its huge trove of data, …
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Didi says removal of app in China will affect business
Didi is China’s biggest ride-hailing company Didi Chuxing has warned there will be an adverse impact on its revenues after its app was removed from Chinese stores. China’s internet regulator ordered …
China’s Big Tech Crackdown Puts Dozens of U.S. IPOs at Risk
Chinese companies hoping to list in the U.S. now face a harder task in pitching their shares to prospective investors.
China Asked Ride-hailing Giant Didi To Delay Its $4.4 Billion US IPO: Report
China’s cybersecurity watchdog had urged ride-hailing company Didi Chuxing to delay its $4.4 billion New York IPO in a bid to examine security concerns.
Chinese Regulators Reportedly Suggested Didi Delay Its U.S IPO
Chinese regulators suggested ride-hailing giant DiDi Global Inc. delay its initial public offering in the United States weeks before …
Never mind the ‘kimchi wars’: many South Korean restaurants still use Chinese imports, survey shows
More than 43 per cent of respondents say they still served the imported kimchi, despite food-safety concerns sparked by a viral video of a shabby-looking cabbage-processing plant in China.
Government deplores export of oil jobs to China by multinationals
The Nigerian Content Development and Monitoring Board (NCDMB), yesterday, raised concern over the export of oil and gas projects to China.
China yet to deliver promised billions despite Duterte’s pivot
Courtesy of DPWHNear the center of Manila, construction workers are now rushing to complete a $69-million China-funded bridge by the end of this year after repeatedly missing deadlines. The …
Beijing extends probe into US-listed firms after Didi hit
China yesterday announced probes into two more US-listed Chinese companies, a day after banning ride-hailing giant Didi Chuxing from app stores in the wake of its huge US initial public offering (IPO) …
China’s Crypto Crackdown is not over yet
There are still some miners who have the “wait and see” approach towards the ban of crypto mining in China and hence, they are not proceeding with their movement to another country for their business.
Didi spurned Chinese regulators, who wanted to delay its U.S. IPO
Weeks before Didi Global Inc. went public in the U.S., China’s cybersecurity watchdog suggested the Chinese ride-hailing giant delay its initial …
Chinese regulators suggested Didi delay its U.S IPO: WSJ
It isn’t known whether Didi carried out its own review, according to the WSJ report. The Cyberspace Administration of China (CAC) launched the investigation into Didi on Friday, just two days after …
Didi Shows All Chinese Tech Giants Must First Answer to Beijing
To the world’s investors, the saga over Didi Global Inc. has made China’s biggest tech firms a riskier bet as President Xi Jinping seeks to control one of the country’s most valuable resources: Big …
