in

The Communist Party resuscitates Didi Global

2HA1P1N HANGZHOU, CHINA - DECEMBER 3, 2021 - Photo taken on Dec. 3, 2021 shows a designated pick-up point for Didi ride-hailing service on a street in Hangzho

Didi global ought to be dead. Over the past year the Chinese government has stopped the domestic ride-hailing giant from signing up new users and launched a cyber-security investigation into its operations, days after its $4.4bn initial public offering in New York last June. In a seemingly fatal blow, Didi is being forced to delist from America but blocked from relisting in Hong Kong. That the company has not collapsed is a testament to the…


Posted by Editor

Leave a Reply

Report: WR Cooper Kupp, Rams agree to five-year, $110 million contract extension

Report: WR Cooper Kupp, Rams agree to five-year, $110 million contract extension

Obama to deliver warning of democracy’s peril against twin backdrops: Jan. 6 and Ukraine

Obama to deliver warning of democracy’s peril against twin backdrops: Jan. 6 and Ukraine