In a statement the CEO of Uber Technologies Inc said, the company is looking to sell stakes its non-strategic stake in companies including in Beijing-based Didi Global Inc saying the lack of transparency makes the Chinese market tough. In 2016, the US… Read More ›
Didi Global Inc
Chinese regulators step up supervision of listed firms abroad following Didi’s IPO scandal
Beijing is stepping up supervision of its companies listed abroad, said its cabinet in a statement. The development comes in the wake of China launching a cyber security investigation into Didi Global Inc just after its US IPO. In a… Read More ›
FTSE adds China’s Didi to its global indexes
In a statement FTSE said, China’s Didi Global Inc will be added to its global equity indexes on July 8 following its U.S. stock market debut. In a statement FTSE said, Didi’s shares will be included in the FTSE All-World… Read More ›