CaoCao approaches IPO finish line with nod from China’s securities regulator
A Hong Kong listing by the Geely-backed ride hailing app was approved last week by the CSRC, a year after the company first filed for the IPO Key Takeaways: CaoCao’s…
Dida reverses into revenue contraction, falling profits
The carpooling services provider’s revenue began to decline in the second half of last year, as it cited changing ‘travel consumption trends’ Key Takeaways: Dida’s revenue fell 8.6% in the…
DiDi’s Delisting Plan Just the Start of a Tough Road Ahead
The company often called China’s Uber will convene a shareholder meeting on May 23 to vote on a plan to delist from New York less than a year after its…
