The hefty penalty accounts for nearly 4.7% of Didi’s total revenue in 2021, sources with knowledge of the matter told Reuters. Go to Source
Tag: Didi
China may fine ride-hailing firm Didi more than $1b for data breaches
Chinese authorities are preparing to impose a fine of more than $1 billion on ride-hailing firm Didi Global, people familiar with the matter said on Tuesday, a move that could bring an end to a probe into the firm’s cybersecurity practices. The people said the fine would be more than 8 billion yuan ($1.28 billion), accounting for about 4.7% of Didi‘s $27.3 billion total revenue last year. They declined to be identified as the information… Continue reading China may fine ride-hailing firm Didi more than $1b for data breaches
BIS Research Study Projects the Mobility as a Service Market to Reach $379.66 Billion by 2031
FREMONT, Calif., July 15, 2022 /PRNewswire/ — The premium market intelligence study by BIS Research titled Mobility as a Service Market – A Global and Regional Analysis projects the market to reach $379.66 billion in terms of revenue by 2031, at a CAGR of 25.7%. With the changing landscape of passengers’ daily commutes, the demand for… Continue reading BIS Research Study Projects the Mobility as a Service Market to Reach $379.66 Billion by 2031
Chinese automaker Chijet to go public in US via $2.6b SPAC mergerChijet will use the proceeds to develop its EVs and expand in Southeast Asia
Chinese automaker Chijet Motor Co has agreed to go public in the United States through a merger with a blank-check vehicle Deep Medicine Acquisition Corp in a deal valued at $2.55 billion, the companies said on Wednesday. Chijet said it would use the proceeds of $127.8 million from the deal to increase production capacity, develop… Continue reading Chinese automaker Chijet to go public in US via $2.6b SPAC mergerChijet will use the proceeds to develop its EVs and expand in Southeast Asia
Patterson’s OC Auto Team Makes A Donation to Didi Hirsch Mental Health Services
LOS ANGELES, July 12, 2022 /PRNewswire/ — Patterson’s OC Auto Team, the leading car dealership in Orange County, will hold a special ceremony awarding Didi Hirsch Mental Health Services, home of the nation’s premier Suicide Prevention Center and a leading provider of whole-person mental health and crisis care, with a donation to support their impactful… Continue reading Patterson’s OC Auto Team Makes A Donation to Didi Hirsch Mental Health Services
Didi among 4 firms warned for unfair practices by China
Didi, Kuaigou Dache, Lalamove, and Full Truck Alliance have been pressured by China’s ministry of transport to become more transparent. Go to Source
Mobility-as-a-Service Market Report 2022-2030: Cost-effectiveness and Convenience of MaaS and Concerns Over Greenhouse Gas Emissions Driving Growth
DUBLIN, June 30, 2022 /PRNewswire/ — The “Mobility-as-a-Service Market Report: By Service Type, Vehicle Type, Commuting Pattern, End Use, Payment Type, Propulsion Type – Global Industry Latest Trends and Demand Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. The global mobility-as-a-service market was valued at $128,489.2 million in 2021, which is expected to reach… Continue reading Mobility-as-a-Service Market Report 2022-2030: Cost-effectiveness and Convenience of MaaS and Concerns Over Greenhouse Gas Emissions Driving Growth
New Analysis from Global Industry Analysts Reveals Steady Growth for Automotive Artificial Intelligence, with the Market to Reach $12.9 Billion Worldwide by 2026
Global competitiveness and key competitor percentage market shares Market presence across multiple geographies – Strong/Active/Niche/Trivial Online interactive peer-to-peer collaborative bespoke updates Access to our digital archives and MarketGlass Research Platform Complimentary updates for one year Edition: 4; Released: January 2022 Executive Pool: 666 Companies: 42 – Players covered include AImotive; Alphabet Inc.; Audi AG; Bayerische Motoren Werke AG; Daimler AG;… Continue reading New Analysis from Global Industry Analysts Reveals Steady Growth for Automotive Artificial Intelligence, with the Market to Reach $12.9 Billion Worldwide by 2026
Recession risk douses once-hot IPO market
Just $198 billion worth of initial public offerings (IPOs) and follow-on sales have been priced so far this year, a 70% drop from a year ago. The market for share sales hasn’t been this bad in nearly two decades, with few willing to take a chance in a grim investment climate. Just $198 billion worth… Continue reading Recession risk douses once-hot IPO market
10 Beaten-Down Asian Stocks to Buy Today
In this article, we discuss 10 beaten-down Asian stocks to buy today. If you want to see more stocks in this selection, click 5 Beaten-Down Asian Stocks to Buy Today. While the US dollar remains strong, Asian markets on June 10 stumbled on the back of higher rates guidance from the European Central Bank and… Continue reading 10 Beaten-Down Asian Stocks to Buy Today