Didi Global News
01.01 / 04:06
Action
Strategy
NetEase
show
country
2020
shock
Investors Have Cut China’s Internet Giants Down to Size
HONG KONG—Investors in China’s biggest internet companies have suffered through a tumultuous 2021, a lackluster 2022 and a disappointing 2023. After a lousy three years for the once-hot sector, many investors are asking—where do things go from here? The Chinese internet sector has lost more than $1.2 trillion in market value since the start of a regulatory crackdown that has resulted in fines, troubled restructuring attempts and changes to business strategies.
13.07 / 00:37
markets
UPS
Platform
track
stars
2020
reports
Why Tiger Global’s ferocious roar has turned into a soft mewl
Star Wars franchise, a farmboy who became the galaxy’s greatest Jedi knight. Or perhaps it wasn’t. But one thing was clear: Skywalker Investment Advisors was looking to hitch its wagon to a star.
14.03 / 22:45
27.11 / 16:53
Citi
Digital
Booking
show
country
China's Didi Global says ride-hailing app had 'systems malfunction'
Didi Global said on Monday its ride-hailing app had experienced a «systems malfunction» after users in multiple cities including Beijing and Shanghai said they were unable to book rides in the evening. The company apologised for the issue on its official Weibo account and said it was urgently trying to fix it.
13.11 / 07:17
Mobile
reports
China's Didi swings to third-quarter profit, to buy-back $1 billion worth of shares
Didi Global on Monday reported a third-quarter profit as domestic demand for mobility services improved, and also announced share repurchases worth up to $1 billion over the next two years. Didi Global reported net income attributable to shareholders of 107 million yuan ($14.66 million) in the three months ending September 30, compared with a loss of 2.01 billion yuan a year ago.
06.06 / 19:35
06.06 / 14:53
Airlines
Apple
Starbucks
JetBlue
Stocks making the biggest moves in the premarket: Spirit Airlines, Didi Global, Keurig Dr Pepper and more
Take a look at some of the biggest movers in the premarket:
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