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 …
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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 …
Chinese regulators suggested Didi delay its U.S. IPO, WSJ reports
China’s cybersecurity watchdog suggested Didi Global delay its IPO weeks before it went public, the Wall Street Journal reported citing sources. It also urged the ride-hailing giant to review its …
Chinese Regulators Suggested Didi Delay Its U.S. IPO
China’s cybersecurity watchdog wanted the Chinese ride-hailing giant to do a thorough study of its network security, but Didi couldn’t wait raising billions of dollars for prominent investors.
China Blocks Didi, Two Other U.S. IPOs From Signing New Customers
Ride-hailing app Didi is among three Chinese companies recently listed on U.S. markets that are being prevented from signing up new users by China’s Internet regulator.
Bitcoin mining has never been easier since China’s crackdown – and miners now stand to make higher profits
The level of difficulty to mine bitcoin plunged by 28% on Saturday, according to data from BTC.com, for the network’s largest drop in its history.
China’s crackdown on Didi following its Wall St IPO shows that billionaires don’t run the show in Beijing – unlike in Washington
The CPC’s willingness to censure Chinese tech firms, rather than allow them to run riot, is in stark contrast to America, where congress still insists on treating Silicon Valley’s mega-corporations …
China puts New York IPO fine-print risks in bold
China’s new cybersecurity regulator has bolded the fine-print risks in prospectuses. The government is investigating China’s Full Truck …
China crypto ban a ‘huge opportunity for Canada,’ mining group head says
Dubai-based investment company IBC Group reportedly plans to end Bitcoin (BTC) and Ether (ETH) mining operations in China following ban announcements from the different provinces across the country.
Didi says had no knowledge of cyberspace investigation before IPO
Didi Global Inc says it had no knowledge before its US$4.4 billion New York listing last week that China’s cyberspace administration would start …
Second-hand market ripens as China’s $3bn platform plots US IPO
Consumers in China, the UK and the rest of the world are increasingly embracing second-hand goods, from clothing to technology.
INFOGRAPHIC: China imports more iron ore in 2020 despite Covid-19
China bucked the trend among major iron ore importers by continuing to increase its purchases of the steelmaking raw material from abroad in 2020. The country imported 1.17 billion tonnes of the iron …
Didi, the Chinese Uber, in Beijing’s sights
The Chinese regulator continues to show its fangs in the face of its tech giants: the Chinese Cyberspace Administration announced on Friday, July 2, that it …
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