Trends - Didi Chuxing - Business Recorder

Didi Chuxing

China’s Weibo falls on Hong Kong debut

HONG KONG: China’s Twitter-like social media platform Weibo fell during its debut on the Hong Kong stock exchange...

Published 09 Dec, 2021 04:29am

World

China orders ride-hailing firms Didi, Meituan to stop 'disorderly expansion'

BEIJING: Chinese regulators have summoned ride-hailing giant Didi Chuxing and ten other car platforms to demand they...

Published 03 Sep, 2021 04:58am

Business & Finance

China tries to ease investor fears over crackdown: report

China's recent crackdown has impacted nearly every aspect of modern life

Published 29 Jul, 2021 10:00am

Technology

Why China is hobbling its tech sector

The travails of ride-hailing giant Didi Chuxing this week carried a cautionary tale for digital big hitters: what goes up, can come down... and fast

Updated 11 Jul, 2021 12:31pm

Technology

Didi shares plunge in pre-market trading in wake of Beijing crackdown

Cyberspace Administration of China had ordered removal of the Didi app after investigations found its user data collection in 'serious violation' of regulations

Published 06 Jul, 2021 07:32pm

Markets

Chinese ride-hailing app Didi surges in NYSE debut

NEW YORK: Shares of Chinese ride-hailing giant Didi Chuxing rocketed higher Wednesday in its first trading session...

Published 01 Jul, 2021 04:09am

Markets

Didi Chuxing eyes $4bn NY IPO

NEW YORK: Chinese ride-hailing giant Didi Chuxing plans to raise up $4 billion in a US initial public offering, ...

Published 28 Jun, 2021 04:38am

Markets

China's IPO-bound Didi probed for antitrust violations

In 2016, Uber Technologies Inc sold its operation to Didi in exchange for a 17.5% stake in the Chinese firm, which also made a $1 billion investment in Uber.

Published 17 Jun, 2021 11:10am

Markets

Chinese ride-hailing app Didi files for NY listing

NEW YORK: Ride-hailing giant Didi Chuxing has filed to list its shares in New York, a high-profile move by a Chinese...

Published 14 Jun, 2021 03:39am

Singapore’s Grab to go public in world’s biggest $40b SPAC merger

SINGAPORE: Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched a merger on...

Updated 14 Apr, 2021 10:11am

Business & Finance

China's Didi picks Goldman, Morgan Stanley for mega U.S. IPO - sources

Didi, backed by Asian technology investment giants SoftBank, Alibaba and Tencent, is looking to list as soon as July, according to the people.

Published 10 Apr, 2021 10:24am

Markets

Didi leans towards NY for IPO, eyes valuation of at least $100bn

HONG KONG: China’s top ride-hailing firm Didi Chuxing is leaning toward picking New York over Hong Kong for its...

Published 29 Mar, 2021 06:05am

Business & Finance

China's Didi raises $1.5bn for freight unit

The funding, the unit's first round, was led by investors including Singapore state investor Temasek Holdings, CPE and IDG Capital, said the source, who declined to be named as the issue is not public.
The on-demand logistics services sector in China however is considered to be a crowded market, with Manbang, Huolala and Kuaigou as market leaders.

Published 26 Jan, 2021 05:12pm

Markets

SoftBank Group sells Uber shares worth $2bn

By the end of March, Uber's share price had fallen below $15, from $42 on its first day of trading in May 2019.

Published 12 Jan, 2021 10:08am

Business & Finance

Asia's capital markets to focus on vaccine in 2021, say bankers

The $37 billion Ant Group IPO, shelved in November when China announced a new regulatory regime for fintech companies, would have propelled Hong Kong to the top of the global rankings.

Published 23 Dec, 2020 11:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

Didi Chuxing

Most Popular