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DiDi Global Inc

Didi co-founder Liu steps down after decade at the helm of Chinese ride-hailing company

by Walter Watson
Didi co-founder Liu steps down after decade at the helm of Chinese ride-hailing company

Didi Global, the Chinese ride-hailing company, must face a lawsuit in a U.S. court claiming it defrauded investors by concealing and disobeying a Chinese government order to postpone its 2021 …

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SoftBank seen returning to loss in fourth quarter despite strength in tech stocks

by Walter Watson
SoftBank seen returning to loss in fourth quarter despite strength in tech stocks

Signage at a SoftBank Corp. store in the Ginza district of Tokyo, Japan. Kiyoshi Ota | Bloomberg | Getty Images Japanese technology investor SoftBank Group is expected to slip back …

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SoftBank is in talks to buy Vision Fund’s 25% stake in Arm, sources say

by Walter Watson
SoftBank is in talks to buy Vision Fund’s 25% stake in Arm, sources say

SoftBank has stopped working on a London initial public offering for chip designer Arm because of political upheaval in the British government, the Financial Times reported. Akio Kon | Bloomberg …

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