Business / Tech Dec 28, 2021
China unveils sweeping rules for foreign IPOs in wake of Didi
The regulations cast more uncertainty over the prospects for overseas initial public offerings that had proceeded virtually unchecked for two decades.
Business / Corporate Dec 6, 2021
SoftBank slumps 9% after week of bad portfolio news
by Vlad Savov and Takahiko Hyuga
Shares fell to ¥5,057 — the biggest intraday drop since March 2020 and part of its worst annual decline since 2006.
Business Dec 4, 2021
With its exit, Didi sends a signal: China no longer needs Wall Street
by Alexandra Stevenson and Paul Mozur
With plenty of its own money and a greater desire to control the private sector, Beijing is pushing its companies to tap investors closer to home.
Business / Corporate Sep 22, 2021
SoftBank to be ‘more cautious’ with investments in China, CEO says
by Pavel Alpeyev and Angelina Rascouet
The Japanese group’s stock came under pressure in recent weeks as a widening crackdown by Beijing regulators on China’s tech sector battered the value of some of its biggest holdings.
Commentary / World | API Geoeconomic Briefing Sep 5, 2021
Does Didi's crash point to the future of U.S.-China financial frictions?
by Tatsuhito Tokuchi
While the rivals are said by some to be in the midst of a "new Cold War," some financial businesses linking the two are thriving.
Business Jul 23, 2021
Regulators see the ride-hailing giant’s decision to go public despite pushback from the Cyberspace Administration of China as a challenge to Beijing’s authority.
Commentary / World Jul 13, 2021
Didi’s data wars will become the new normal
by Brad Glosserman
The real issue is more basic, however: It’s national security. Like all such services, Didi collects vast amounts of user location and trip route data for legitimate business purposes.
Business Jul 10, 2021
China tightens rules on foreign IPOs in new blow to tech firms
Companies holding data on more than 1 million users must now apply for cybersecurity approval when seeking listings in other nations.
Business Jul 10, 2021
It's a ‘golden age’ for Chinese brands bolstered by tech crackdown
From cosmetics to bubble tea, Chinese ventures making waves among a new generation of shoppers are becoming a magnet for funds hunting for their next big hit.
Asia Pacific | ANALYSIS Jul 9, 2021
The crackdown shows how big data is quickly turning into the next major battleground in a clash of superpowers.
Business / Corporate Aug 1, 2019
DiDi Mobility Japan Corp. began offering its taxi-hailing service, used via smartphones, in Aichi Prefecture on Wednesday. Aichi is the ninth area in Japan where the service, offered by the Tokyo-based joint venture between SoftBank Corp. and Chinese ride-hailing giant DiDi Chuxing, is available. The ...