Exclusive: China to allow Didi apps back online, in latest sign of regulatory thaw
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.
Exclusive: Didi pursues EV stake, aiming to emerge from regulatory shadows
China’s Didi is in talks with state-backed Sinomach Automobile (600335.SS) to buy a third of its electric-vehicle unit, two sources said, signalling the ride-hailer’s regulatory troubles are in the rear view mirror as it focuses on growth.
Cowed by Chinese regulators, Didi plans to delist from New York months after debut
Ride-hailing giant Didi Global (DIDI.N) said it will delist from the New York stock exchange just five months after its debut and pursue a listing in Hong Kong – having raised the ire of Chinese regulators for ignoring a request to put its U.S. IPO on hold.
