China's Didi adds finance to the mix

When the South Sea Bubble burst in 1720, it wiped out fortunes and plunged Britain into its first great stock market crisis. The collapse of the South Sea Company, a government-backed scheme that promised to turn national debt into riches, left the country's finances in disarray ...  Show more

In 1720, the South Sea Company was one of the most valuable businesses in Britain until a spectacular collapse in its publicly traded shares triggered the country’s first major stock market crisis. At the centre of the story was John Blunt, a shoemaker’s son who rose through the ...  Show more

Send us a textDiDi is a Chinese Ride Hailing app that raised $4.4bn in its listing on the New York Stock exchange this Wednesday. This was the biggest Chinese listing in the US since Alibaba listed seven years ago. The stock initially rallied, then two days later news broke that ...  Show more

Didi lost a fifth of its market value after Chinese regulators announced an investigation into the ride-hailing app that last week raised more than $4bn in a New York IPO, the Opec impasse highlights growing tensions between Saudi Arabia and the United Arab Emirates, the Penta ...

Very few things have stopped Uber in its quest for world domination -- except Didi, the Chinese ride-hailing startup that in August announced it will buy Uber's China operations. This week Lulu Chen and Brad Stone tell the story of how Didi rose to prominence, and the battles its ...  Show more

Authorities in China ordered Didi to stop taking new ride sharing customers, and banned the sale of the app, because of data sharing issues. Investors in the newly floated company are furious, but this isn’t the first kind of regulatory intervention China has made. So what’s behi ...  Show more