BEIJING, Jan 17 (Reuters) – Didi Global’s Chinese ride-hailing app returned to some Android app stores on Tuesday, according to Reuters checks and a source with direct knowledge of the matter, signalling its emergence from around 1-1/2 years of regulatory troubles. Didi has been awaiting approval to resume new user registrations and downloads of its… Continue reading Didi’s China ride-hailing app back on some app stores, article with image
Tag: Didi
Didi gets China approval to relaunch after 18-month security probe
Eighteen months after its app was suspended in China, ride hailing giant Didi made a comeback on Monday. The move came as China showed signs of easing up its sweeping regulatory clampdown on the internet sector over the past three years. In July 2021, Chinese authorities ordered the country’s app stores to remove Didi, citing… Continue reading Didi gets China approval to relaunch after 18-month security probe
China lifts year-long ban on ride-hailing giant Didi’s new user registration
China’s ride hailing giant Didi Global said in a statement on Monday it would be allowed to resume new user registration, after a more than year-long ban that curbed its growth. The company would take effective measures to ensure platform safety and data security, and safeguard national cyberspace security, it said in the statement. Didi… Continue reading China lifts year-long ban on ride-hailing giant Didi’s new user registration
China lifts ban on ride-hailing giant Didi’s new user registration -company statement, article with image
Jan 16 (Reuters) – China’s ride hailing giant Didi Global said in a statement on Monday it would be allowed to resume new user registration, after a more than year-long ban that curbed its growth. The company would take effective measures to ensure platform safety and data security, and safeguard national cyberspace security, it said… Continue reading China lifts ban on ride-hailing giant Didi’s new user registration -company statement, article with image
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By Julie Zhu, Kevin Huang and Xu Jing Jan 13 (Reuters) – Chinese authorities are set to allow Didi Global’s ride-hailing and other apps back on domestic app stores as soon as next week, five sources told Reuters, in yet another signal that their two-year regulatory crackdown on the technology sector is ending. Didi has… Continue reading Gallery
Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss
Uber on Tuesday reported revenue growth exceeding expectations from Wall Street, suggesting that the company has continued to recover from a pandemic slump as drivers return to the platform. But it posted a net loss, in part because of its investments in other ride-hailing companies. Revenue was $8.34 billion for the third quarter, a 72… Continue reading Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss
Geely electric car brand Zeekr a seeks over $1b in US IPO
Zeekr, one of Chinese automaker Geely’s upmarket electric car brands, has confidentially filed for a U.S. initial public offering, aiming to raise more than $1 billion, three sources with direct knowledge of the matter told Reuters. In what would be the first major Chinese float in the United States in more than a year and… Continue reading Geely electric car brand Zeekr a seeks over $1b in US IPO
Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss
Uber on Tuesday reported revenue growth exceeding expectations from Wall Street, suggesting that the company has continued to recover from a pandemic slump as drivers return to the platform. But it posted a net loss, in part because of its investments in other ride-hailing companies. Revenue was $8.34 billion for the third quarter, a 72… Continue reading Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss
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HONG KONG, Dec 12 (Reuters) – Zeekr, Chinese automaker Geely’s upmarket electric car brand, has confidentially filed for a U.S. initial public offering, aiming to raise more than $1 billion, three sources with direct knowledge of the matter told Reuters. In what would be the first major Chinese float in the United States in more… Continue reading Untitled
On-demand transportation Global Market Report 2022: Ukraine-Russia War Impact
NEW YORK, Dec. 2, 2022 /PRNewswire/ — Major players in the on-demand transportation market are Avis Budget Group Inc, BlaBlaCar, Bayerische Motoren Werke Group AG, Bolt , Cabify, Careem Inc., Curb Mobility, Daimler AG, Europcar Mobility Group, Ford Motor Company, General Motor Company, Gett Inc, Grab Holdings Inc, Hyundai Motor Company, International Business Machines Corporation… Continue reading On-demand transportation Global Market Report 2022: Ukraine-Russia War Impact