What is Didi global?
DiDi Global Inc. operates a mobility technology platform that provides ride hailing and other services in the People's Republic of China, Brazil, Mexico, and internationally.
What happened to Didi?
The payments division of ride-sharing and food delivery firm Didi was hit with 4.27 million yuan ($632,170) in fines on Friday (July 15) by the People's Bank of China, Reuters reported, citing a notice ... Goodbye DIDI Stock, Hello DIDIY!
Why did Didi global stock skyrocket 68% Monday morning?
Shares of the Chinese tech company Didi Global (NASDAQ:DIDI) soared as much as 68% Monday morning after the Wall Street Journal revealed that Chinese government regulators were ending their security probe and removing the ban on new users. The news isn’t just boosting Didi stock – it has buyers swarming Chinese stocks across the board.
What is Didi global's fine?
SHANGHAI (Reuters) -China's cybersecurity regulator said on Thursday it has fined Didi Global Inc 8.026 billion yuan ($1.19 billion), concluding a probe that forced the ride-hailing giant to delist from...