Didi Chuxing

New Business

China’s Lunar New Year travellers try to outsmart algorithms for cheaper fares

The Lunar New Year holiday is among the priciest time to travel in China, but this year, Chinese internet user…

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New Business

China’s tech giants vow to fix algorithm issues amid government crackdown

Major Chinese internet platforms have vowed to improve their algorithms, after the mainland’s internet watchdog launched a campaign to address…

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New Business

Opinion | Quality should come before quantity for Hong Kong’s IPOs

Hong Kong has long stood as a beacon of financial prowess, with its stock exchange often leading the world in…

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Tech

Chinese ride-hailing giant Didi reports record transaction value for June quarter

Chinese ride-hailing giant Didi Global on Wednesday said that both order volume and transaction value reached record highs during the…

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Tech

Autonomous driving unicorn WeRide files for US IPO amid expansion plans in China, overseas

WeRide – a Cayman Islands holding company whose operations are mainly conducted by Guangzhou Wenyuan Zhixing Technology and its subsidiaries…

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Tech

TikTok owner ByteDance’s China head debuts on Fortune’s list of most powerful women in business

In her current role, she oversees ByteDance’s star product line-up including TikTok’s Chinese counterpart, Douyin, which she was also previously…

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Tech

US dollars exit China’s VC market, ending 2-decade marriage that enabled rise of start-ups

A sea change is taking place in China’s venture capital (VC) industry as the two-decade marriage between US investors and…

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Tech

Chinese autonomous driving firm WeRide to expand services, as sector eyes commercialisation

Chinese autonomous driving start-up WeRide said on Wednesday that it aims to expand its services in the central areas of…

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