Bloomberg has a little bit more...
https://twitter.com/shuli_ren/status...49822021861376
Bloomberg has a little bit more...
https://twitter.com/shuli_ren/status...49822021861376
Didi says it will delist from the NYSE and prepare to list in Hong Kong
https://www.cnbc.com/2021/12/03/didi...ndroidappshare
https://www.wsj.com/articles/didi-le...545822?mod=mhp
Waiting expectantly for “Stop Capitalist Hatred + No New Cold War” signs appearing in Beijing/Shanghai.
Not finished watching.. Will do over the weekend. Patrick Boyle has some good on the mark videos..
https://youtu.be/SKJYIgBSVuw
Beep beep?
We're looking at a billion dollar apology.. for now.
https://www.thestandard.com.hk/secti...tion/2/243785/Chinese authorities are preparing to impose a fine of more than 8 billion yuan (HK$9.32 billion) on ride-hailing firm Didi Global , people familiar with the matter said yesterday, a move that could bring an end to a probe into the firm's cybersecurity practices.
The people said the fine would account for about 4.7 percent of Didi's total revenue last year. They declined to be identified as the information was not yet made public.
The Wall Street Journal first reported the potential size of the fine earlier yesterday.
Didi's fine would be the largest regulatory penalty imposed on a Chinese tech company since e-commerce titan Alibaba (9988) and food delivery giant Meituan (3690) were fined US$2.75 billion (HK$21.45 billion) and US$527 million respectively last year by China's antitrust regulator.
Or a Charity (Extortion) to CPPCCCPC - Chinese People's Political Consultative Conference's Common Prosperity Charity