China Fines Didi $1.2 Billion as Tech Sector Pressures Persist
For Didi, once hailed as an innovator and disrupter in China’s staid transportation sector, it
For Didi, once hailed as an innovator and disrupter in China’s staid transportation sector, it
Uber, which had already been spending heavily to lure back drivers who left early in
The decades-long, trillion-dollar love affair between China and Wall Street is coming to an end.
The relationship was tense, Mr. Gicinto recalled, and both men seemed uneasy about sharing leadership.
China’s crackdown on its big tech companies continues to have reverberations around the world. On
China fined the food-delivery giant Meituan $530 million for antitrust violations on Friday, the second