Here are the top trending news from the world of technology
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China asks Didi to delist from NYSE
Didi Chuxing raises $13 billion in fresh round.
China’s tech regulator has asked country’s ride hailing giant Didi to eke out a plan to delist from American stock exchange (NYSE), according to media reports. China…
Here are the top trending news from the world of technology
1)
China blocks Didi Chuxing app
China’s cyberspace regulator has ordered a blanket ban against Didi Chuxing app. This means that Chinese netizens can no longer download Didi Chuxing app from the app store until further notice. This development has come days after Didi…
Here are the top trending news from the world of technology
1)
Facebook Unveils Substack Rival Product
In highly expected news, Facebook on Wednesday unveiled its newsletter product called Bulletin. The launch marks Facebook’s foray into the newsletter subscription space where Substack is the undisputed leader. The social media said that in the…
Oyo has officially closed the $1 Bn funding round that began few months back after Softbank and Grab together pumped $900 Mn. This after India’s largest hospitality company raised $100 Mn from Chinese ride-hailing giant Didi Chuxing.
Didi Chuxing infuses $100 Mn in Oyo
According to Economic Times (ET), Didi has invested in Oyo through its subsidiary…
Didi Chuxing buys controlling stake in Brazilian ride hailing firm ‘99.’
Chinese ride hailing giant Didi Chuxing has picked up a controlling stake in Brazilian ride hailing firm 99, according to news agency Reuters. A report in Techcrunch, later, claimed that Didi has officially confirmed the deal. The development signals Didi Chuxing’s global ambition as it…
Didi Chuxing raises $13 billion in fresh round.
Chinese ride-hailing giant Didi Chuxing today announced that it has scooped up $4 billion from various investors in a fresh funding round. These funds will be used for several initiatives including international expansion and strengthening research in Artificial Intelligence (AI) development.
The details of the investors were not revealed,…
