Didi shares are on the move Thursday following an uneven debut for the $68 billion China-based ride sharing group on the New York Stock Exchange.
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Didi Shares Surge After IPO Uneven Debut, Russel Index Addition Confirmed
Didi shares are on the move Thursday following an uneven debut for the $68 billion China-based ride sharing group on the New York Stock Exchange.
How China’s Crypto Crackdown Could Change Bitcoin Mining
Digital currencies crashed hard following China’s latest regulatory blow against them, wiping out nearly $400 billion in total market value. But as China tightens its rules for bitcoin (CRYPTO:BTC), …
Amala Beauty Launches Livestream for China’s 618 Shopping Festival
German luxury skincare brand Amala Beauty launched livestream campaigns on Tmall Global, Alibaba’s online marketplace, last week to kick off its marketing for China’s annual 618 shopping festival on …
Three Barriers Business Leaders Often Face When Expanding To China
Successful expansion into China requires more than simply good communication, though this is an essential first step.
Crypto miners in China are selling off their graphics cards amid crackdown
PC Gamer reports that a screenshot posted to Taiwanese bulletin board PTT shows miners in China are selling large numbers of Nvidia and AMD GPUs, from …
Uber lost China, but gained handsomely in Didi Global IPO
Shares of Didi Global rose 1% after the blockbuster IPO, ascribing the Chinese ride-hailing firm a market cap of about $68 billion. That makes Ubers current 12% stake in the company worth about $8.1 …
Exclusive | Electronics imports from China again rise in FY21despit govt efforts
Electronics imports from China have risen again after a two-year contraction, despite the pandemic, higher import duties and the series of performance-linked incentive schemes that aim to boost …
World Wide Web source code NFT sells on blockchain for US$5.4 million at Sotheby’s auction
The purchase includes non-fungible tokens representing the original source code for the web and a letter from inventor Tim Berners-Lee.
A U.S.-Led Challenge to China’s Global Infrastructure Strategy
Biden’s Build Back Better World partnership aims to offer developing nations an alternative to Chinese financing.
Didi Chuxing Closes 1% up in NYSE Debut, Biggest Chinese IPO in US After Alibaba
Chinese ride-hailing giant Didi Chuxing, whose shares were oversubscribed by 10 times, finished its first trading day on the New York Stock Exchange 1 percent up while completing the biggest initial …
China’s miner exodus a ‘big net positive for crypto,’ Mike Novogratz says
As major miners are leaving China one after another following the country’s crackdown on Bitcoin , Galaxy Digital CEO Mike Novogratz has echoed other experts in seeing the migra …
Didi raises $4.4 billion in largest China-US IPO since Alibaba
Didi is the biggest Chinese IPO in the US since Alibaba’s $25 billion listing in 2014. It ended the day at $14.14, up 1% from the IPO price.
