Chinese ride-hailing giant Didi narrows losses… Didi recorded a net loss of US$166 million in the first quarter, a significant improvement from its US$2.3 billion…
Shein in talks with banks and exchanges about US… Valued at more than US$60 billion, Shein could become the most valuable China-founded company to go public in the…
Didi zooms past big fine and Covid-19 to narrow… The Beijing-based company has released its first annual report since it delisted from the New York Stock Exchange…
Didi Chuxing’s main app returns to iOS, Android… It marks a crucial step for the company to fully resume its business after Beijing banned it from registering new…
Didi’s relaunch of user sign-ups may not mark… The Beijing-based company has retained its leading position in the ride-hailing market during an 18-month absence…
China reduces penalties imposed on a range of… The move reflects the central government’s continued efforts to improve the legal framework of the world’s largest…
At China’s World Internet Conference, Big Tech… The three-day event once known for attracting big international names was more low-key this year amid Covid…
40 per cent of Chinese chips shipped to Russia… Before Russia’s invasion of Ukraine, the defect rate was just 2 per cent, business newspaper Kommersant reported,…
As Didi stumbles, tech giants race to grab… A number of tech giants – including Meituan, Huawei and Tencent’s WeChat – have been investing heavily in their…