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Partnership looks to strengthen the allies’ ability to counter Beijing in the South China Sea
Promotions and discounts help ride-hailing rivals increase customer numbers
Cao Cao Mobility raises $588m as it tries to take advantage of crackdown on larger competitor
Pledge comes amid heavy pressure on tech sector, with regulators setting ‘rectification’ deadlines for Meituan and Didi
Beijing expected to use investigation into ride-hailing group to issue warning across tech industry
Communist party politburo determined to ‘improve’ regulatory framework
Embattled ride-hailing app’s shares soar but then settle after issuing denial to speculation
Japanese group’s heavy investments in Chinese tech have left it exposed to a regulatory crackdown
Sell-off in Didi shares is a clear warning of the dichotomy faced by investors
Beijing’s stance on Didi has echoes of Trump administration’s tendency to put policy before process
State spy ministry and 6 other agencies place investigators inside ride-hailing group’s offices
What to pay for what you cannot own?
Competing ride-hailing groups boost attempts to lure users during probe into market leader
An oversupply could weigh on the market and lower returns should the rally falter
Companies with 1m users will need to pass review to ensure sensitive data cannot be obtained by foreign regulators
Didi debacle signals end of steady stream of New York listings for Chinese companies
Two members of powerful banking committee say SEC must examine whether company misled investors
Ride-hailing group received multiple requests from regulator before its IPO to remove sensitive locations
The status of the financial tourists has always been ambiguous
SoftBank and Tencent-backed Keep’s move comes as China cracks down on ride-hailing group
Hang Seng index down 13% since February peak after ride-hailing group’s IPO debacle
Hawkish senator’s intervention could point to renewed efforts to turn screws on Chinese IPOs in US
New IPO regime comes after Beijing targets Didi and could hit lucrative trade for Wall Street banks
Removal of ride-hailing company from app stores shows risks for investors and businesses alike
Didi crackdown fuels questions over how much the company and its bankers knew before its IPO