News for DiDi Global Inc. (DIDI)

SHANGHAI, April 15, 2025 /PRNewswire/ -- Hesai Group (Nasdaq: HSAI), the global leader in lidar technology for automotive mobility and robotic applications, today announced that its long-range automotive lidar AT128 has been selected as the lidar solution for the first L4 production-ready Robotaxi jointly unveiled by Didi Autonomous Driving, the self-driving technology arm of DiDi Global ('DiDi'), and GAC Aion New Energy Automobile Co., Ltd. ('GAC Aion'), a Chinese electric vehicle manufacturer and a subsidiary of the Guangzhou Automobile Group (GAC Group). Debuting at the 2025 GAC Tech Day and GAC Intelligent Safety Summit in Guangzhou, the vehicle is set to enter mass production this year, with initial deployment beginning in 2026.

World's second-largest economy pledges to retaliate, raising risk of a prolonged trade war as the two countries look set to dig in. Read on.

DiDi Global (DIDIY) dominates China's shared mobility market with strong profitability growth and competitive advantages. See why I rate the stock a buy now.

DiDi's Q4 results showed strong growth in both domestic and international segments, with a significant increase in platform sales and improved monetization...

(Bloomberg) -- Didi Global Inc. swung back to a quarterly loss, a blow to the Chinese ride-hailing leader exploring a Hong Kong listing this year.Most Read from BloombergDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackThe Scary Thing About the Wildfire That Was StoppedNYC Plans for Flood Protection Without Federal FundsA Malibu Model for Residents on the Fire FrontlinesThe company reported a net loss of 1.3 billion yua

Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB41.96 billion (US$5.75 billion) as of December 31, 2024Quarterly to

BEIJING (Reuters) -Chinese ride-hailing company Didi Global reported on Tuesday a 7.1% rise in fourth-quarter revenue to 52.9 billion yuan ($7.32 billion), as the company's recovery from a regulatory overhaul of its operations gathered pace. The Beijing-based company reported a net loss of 1.3 billion yuan for the quarter ended December 31, compared with profit of 45 million yuan in the same period of last year. Didi drew the attention of China's cyberspace regulator in 2021 over its pursuit of a U.S. initial public offering without approval, prompting an inquiry that prohibited it from adding users and saw many of its apps removed from stores.

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Chinese technology and the companies selling them are in vogue right now. Whether it be DeepSeek, BYD, Tencent, or DiDi Global, Chinese stocks have much to offer, regardless of the sector in which they ply their trade. But what about technology? Alibaba (BABA), Tencent Holdings (TCEHY), and Baidu (BIDU) represent the best and brightest internet-powered Chinese tech stocks currently available for U.S. investors. These gargantuan entities are pushing to define the next wave of internet application

Rajeev Misra, former SoftBank executive, is planning a significant investment in the Shapoorji Pallonji Group through his venture One Investment Management and a consortium of global funds. The funds will help refinance the group's high-cost debt, leveraging their stake in Tata Sons.

DiDi Global Inc. is a popular ride-hailing service in China, similar to Uber, with significant growth potential. Click here to read why DIDIY stock is a Hold.

(Bloomberg) -- European and Asian firms may soon flood the US market with new listings, as the allure of loftier valuations and deeper liquidity fuels an exodus from their home markets.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsFrom Swedish buy-now, pay-later giant Klarna Group Plc to equipment rental firm Ashtead Group Plc to Chinese bubble-tea maker Sexy

The report came just weeks after SoftBank Founder Masayoshi Son appeared with President Trump and Sam Altman to announce the Stargate AI joint venture.

Nasdaq-listed SaaS company Freshworks reports strong revenue growth in the fourth quarter, reaching $194.6 million. This and more in todays ETtech Top 5.

TOKYO (AP) — Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen ($2.4 billion) loss for the fiscal third quarter as it racked up red ink …

The result will further raise questions about how SoftBank will fund one of its most ambitious undertakings - a hefty investment in OpenAI.Cash and cash equivalents dropped to 4.7 trillion yen ($30.6 billion) as of end-December from 6.2 trillion yen in March which was the end of the previous financial year.

TOKYO (Reuters) -Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund investment arm. The result is likely to raise more questions about how founder Masayoshi Son aims to fund one of the tech investment giant's most ambitious undertakings yet - a series of huge bets on artificial intelligence. While Son's deep-pocketed pledges mark a return to the aggressive SoftBank of old, so did Wednesday's loss.

Regulators are cracking down on big tech, with antitrust law as their main weapon. Can they boost competition without killing off innovation?

Didi's international business covers three major areas: ride-hailing, food delivery, and finance. Among them, the overseas ride-hailing business has already achieved profitability.