Chinese ride-hailing giant Didi Global is being sued by US shareholders after a crackdown by Beijing triggered a slump in its share price. The two lawsuits come a week after Didi's New York Stock Exchange debut. The company's US market ..
NEW DELHI - One97 Communications Ltd, the parent of Indian payments firm Paytm, will file a draft prospectus as early as July 12 for a domestic initial public offering (IPO) that seeks to raise $2.3 billion, two sources close to the matter said on Mo..
China's biggest ride-hailing company Didi Chuxing has warned there will be an adverse impact on its revenues after its app was removed from Chinese stores. China's internet regulator ordered app stores to stop offering Didi's app on Su..
Shares in Chinese online tutoring firms have slumped after Beijing stripped them of the ability to make a profit from teaching core subjects. The new guidelines also restrict foreign investment in the industry. The major shift in policy comes a..
Shares in Tencent have fallen after China ordered the technology giant to end exclusive music licensing deals with record labels around the world. The move is aimed at tackling the company's dominance of online music streaming in the country. ..
Shares of Chinese companies listed in the US have seen their biggest two-day fall since the 2008 financial crisis. The Nasdaq Golden Dragon China Index, which follows the 98 biggest US-listed Chinese stocks, has fallen by almost 15% in the last tw..
Every night before bed, Anushka Sachan whips out her phone to log into an app. "It kind of becomes a habit," said the 20-year-old Hong Kong University student. "Before sleeping, I'm just like, 'Okay, check in.'" ..
China's crackdown on private business has taken a new, more intrusive turn with government plans to dictate how live-stream shopping influencers speak and dress. The Chinese Ministry of Commerce on Wednesday outlined proposals for an "ind..
People under the age of 18 will only be allowed to play games between 8:00pm and 9:00pm on Fridays, weekends and on public holidays, starting on Thursday, according to a notice from the National Press and Publication Administration. Key poin..
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