DiDi Global Inc

Didi Global, Inc. operates a mobility platform that provides ride hailing and other related services. The firm offers a wide range of app-based services across Asia Pacific, Latin America and other global markets, including ride hailing, taxi hailing, chauffeur, hitch and other forms of shared mobility as well as auto solutions, food delivery, intra-city freight and financial services. It operates through the following segments: China Mobility, International, and Other Initiative. The China Mobility segment consists of ride hailing, taxi hailing, chauffeur and hitch services. The International segment includes ride hailing and food delivery services in international markets, outside of China. The Other Initiatives segment mainly consists of bike and e-bike sharing, certain auto solutions, intra-city freight, community group buying, autonomous driving, and financial services. The company was founded by Wei Cheng, Qing Liu, Bo Zhang and Rui Wu on January 11, 2013 and is headquartered Beijing, China.

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Didi Global, Inc. engages in the operation of mobility platforms that provides ride hailing and other related services. It operates through the following segments: China Mobility, International, and Other Initiative. The China Mobility segment consists of ride hailing, taxi hailing, chauffeur and hitch services. The International segment includes ride hailing and food delivery services in international markets, outside of China. The Other Initiatives segment mainly consists of bike and e-bike sharing, certain auto solutions, intra-city freight, community group buying, autonomous driving, and financial services. The company was founded by Wei Cheng, Qing Liu, Bo Zhang and Rui Wu on January 11, 2013 and is headquartered Beijing, China.

China's cyberspace regulator fined Didi Global just over 8 billion yuan ($1.2 billion) on Thursday for violating cybersecurity and data laws, putting an end to a yearlong investigation into the ride-hailing giant.

China fines Didi $1.2 billion for violating cybersecurity and data laws

Regulators sought to make the company an example of the consequences of mishandling data — and of the grave political error of ignoring the authorities.

China Fines Didi $1.2 Billion as Tech Sector Pressures Persist

Chinese authorities have decided to impose an 8 billion yuan ($1.2 billion) fine on embattled ride-sharing giant Didi Global, after a year-long investigation uncovered what was described as “serious” violations of the country's data security laws.

Chinese Ride-Sharing Giant Didi Global Fined More Than $1 Billion In Year-Long Cybersecurity Probe

SINGAPORE–Chinese authorities fined ride-hailing company Didi Global Inc. the equivalent of about $1.2 billion, bringing an end to a year-long investigation into the company's cybersecurity practices.

China slaps $1.2 billion fine on ride-hailing giant Didi, citing cybersecurity breaches — WSJ

China's cybersecurity regulator fined Didi Global Inc 8.026 billion yuan ($1.2 billion) after a year-long probe found the ride hailing giant had violated laws including ones pertaining to data security.

Reaction to China imposing $1.2 billion fine on Didi Global

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 New York within a year and cast a gloom over the Chinese tech sector.

China fines Didi Global $1.2 billion for violating data security laws

China's cybersecurity authority fined ride-hailing giant Didi in apparent closure of a yearlong probe that prevented the company from adding new users.

China fines Didi more than $1 billion for breaking data security laws

China is preparing to hit ride-hailing giant Didi with a fine of more than $1 billion to wrap up a long-running probe, media reports said, boosting investor hopes that the country's tech crackdown is winding down.

China to fine ride-hailing giant Didi more than $1 bn: reports

Didi, the Chinese ride hailing behemoth that has undergone a year of regulatory overhaul, faces a fine of over 8 billion yuan ($1.28 billion) from the country's authorities, The Wall Street Journal and Reuters reported. The company did not immediately respond to a request for comment.

China's $1B fine on Didi could end the mobility giant's troubled year

Ride hailing company DIDIY stock is marching higher on reports that Chinese authorities have ended a probe into its cybersecurity practices. The post DiDi (DIDIY) Stock Rises 14% On News Of $1 Billion Fine appeared first on InvestorPlace.

DiDi (DIDIY) Stock Rises 14% On News Of $1 Billion Fine

Ride-hailing and food delivery platform Didi could be hit with fines exceeding $1 billion following a probe by Chinese regulators that lasted over a year and forced the company to stop adding new users.

Didi's Fines Could Top $1B for Data Security Breaches in China

Chinese authorities braced to conclude a yearlong probe into DiDi Global Inc's (OTC: DIDIY) cybersecurity practices by imposing a penalty of over $1 billion, the Wall Street Journal reports. China looks to ease an earlier restriction banning Didi from adding new users.

DiDi Nears Regulatory Settlement After Year Long Battle; Is This Good News For Other China's Tech Stocks?

Chinese authorities are preparing to impose a fine of more than $1 billion on ride-hailing firm Didi Global that could bring an end to a probe into the company's cybersecurity practices, the Wall Street Journal reported on Tuesday.

Chinese regulators to fine Didi more than $1 billion over data breaches - WSJ

Didi Global

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 from the central bank.

Chinese Regulators Hit Didi's Payments Arm with Major Fine

Today marks the first day of trading for DIDI under its new DIDIY stock ticker on the over the counter exchange - here's what to know. The post Goodbye DIDI Stock, Hello DIDIY!

News for DiDi Global Inc Stock (DIDIY)