The Latest Breaking News from Didi

Key takeaways: •      China Renaissance’s revenue fell by a third in the second half of last year from the first half as the number of U.S. IPOs it handled dropped to one from nine

Chinese stocks are getting crushed in Thursday's session. Here's what you need to know.

China's transport ministry ordered ride-hailing companies to disclose pricing details to the public, Reuters reports as per state broadcaster China Central Television. Wang Xiuchun, deputy director of the Department of Transport Services of the Ministry of Transport, instructed the online ride-hailing firms to set reasonable upper limits on commissions and make them…

Florent Malouda has revealed how he and Didier Drogba discussed their Champions League dreams during their early days in France - but neither thought they would ever end up winning it together at Chelsea.

China's Uber Technologies Inc (NYSE:UBER) counterpart DiDi Global Inc (NYSE:DIDI) looks to reduce its overall headcount by 20% as it pushes ahead with its Hong Kong listing, Bloomberg reports. Most of DiDi's core businesses will be affected by the cuts. DiDi aims to reduce expenses ahead of the Hong Kong listing. The report adds that…

Tencent Holdings Ltd (OTC:TCEHY) revealed not making any new investment in DiDi Global Inc (NYSE:DIDI) since it went public, Bloomberg reports. However, Didi's SEC filings disclosed an increased stake by Tencent.  Tencent's filings disclosed the addition of 1.8 million Didi shares to its last-known holdings.  Related Content: Why DiDi Global Shares Are Rising The company clarified that Tencent subscribed…

Four central government ministries issue guidance order to 11 internet giants including Alibaba, Tencent, Meituan and Didi

The biggest IPOS in U.S. history include a major chipmaker, a ride-hailing firm and a handful of global telecoms.