DiDi Global , the Chinese ride-hailing company, settled a class-action lawsuit claiming it defrauded investors by concealing and disobeying a Chinese government order to postpone its 2021 initial public offering, a Wednesday court filing shows.
A Brazilian subsidiary of China's ride-hailing company DiDi Global , called 99, filed a lawsuit on Monday against Chinese rival Keeta before a Sao Paulo court for alleged trademark infringement and unfair competition, according to court documents seen by Reuters.
Accelerating the Green Transformation of Mexico's Transportation Industry SHANGHAI , Aug. 11, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a provider of AI-powered solutions for next-generation energy grids and intelligent transportation systems, building on its proprietary UOTTATM electric vehicle (EV) battery-swapping technology, today announced that its s...
I rate DiDi Global a buy, as it has turned the corner on profitability and is positioned for multi-year margin expansion. DiDi's dominant ride-hailing moat in China and accelerating financial momentum provide a powerful profit engine and visible cash flow. Autonomous driving is a strong catalyst, with commercial rollout expected by 2025, unlocking significant margin upside and widening the addr...
Chinese ride-hailing company Didi Global on Thursday reported an 8.5% rise in revenue in the first quarter of 2025 to 53.3 billion yuan, as its recovery from a regulatory overhaul of its operations gathered pace.
DiDi Global is expanding beyond China, focusing on Hong Kong and other overseas markets to drive higher growth and avoid China's competitive environment. The Chinese ride-share market is maturing, prompting DiDi to seek growth overseas, where it has seen strong performance in Brazil and Mexico. DiDi is undervalued compared to peers like Uber and Grab, with a potential 46% upside as it ramps up ...
DiDi Global maintains a dominant market share in China's shared mobility market, despite a slight decline due to rising competition from aggregation platforms. DiDi's competitive edge includes high MAU, extensive geographical reach, numerous registered drivers, and a broad range of services, despite slightly higher pricing. DiDi's profitability is improving, with reduced reliance on incentives ...
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