DiDi Global Inc News

Goldman Sachs: Maintains "buy" rating on Xpeng Motors-W with a target price of 46 Hong Kong dollars.

Goldman Sachs released a research report stating that it maintains a "buy" rating for Xpeng Motors-W (09868) with a target price of HKD 46. Looking ahead, Goldman Sachs expressed confidence that investors will focus on Xpeng Motors' MONAM03 and P7+ orders and capacity enhancement progress, the new model production lines and output outlook for 2025, and the potential timing for reaching breakeven. The report noted that Xpeng Motors' gross margin in the third quarter of this year exceeded market expectations, recording a gross margin of 15.3%. Goldman Sachs believes that the improvement in gross margin is mainly due to higher production scale reducing fixed costs per vehicle, as well as further income from Volkswagen's technical services.

Sina Hong Kong Stock.Nov 20 03:11 ET

SoftBank's second quarter net income reached approximately $7.7 billion, far exceeding market expectations.

Softbank Group announced on Tuesday that it achieved quarterly profit in the second fiscal quarter ending in September, benefiting from a series of successful IPOs of Indian companies it invested in, and the rebound in technology stock valuations boosted the Vision Fund's investment portfolio. The company's net income for the second fiscal quarter was 1.18 trillion yen (approximately $7.7 billion), compared to a net loss of 931 billion yen in the same period last year. This performance far exceeded the average analyst expectation of 295 billion yen. Softbank's Vision Fund reported that strong performance in initial public offerings of Indian startups, as well as investments in Coupang and Didi, contributed to this success.

Global market broadcastNov 12 02:18 ET

Express News | U.S.-Listed Shares of Chinese Firms Drop Premarket on Worries Over Growing U.S.-China Trade Tensions Under Trump Presidency

ReutersNov 6 04:27 ET

Didi Autonomous Driving announced the completion of Series C $0.298 billion financing, with guangzhou automobile group as the leading investor

Sina Technology News, afternoon of October 22nd, recently, didi global inc autonomous driving announced the completion of Series C round financing of 0.298 billion US dollars, with guangzhou automobile group leading this round of financing and didi participating. The financing funds will be used to increase investment in autonomous driving technology research and accelerate the launch of the first Robotaxi mass-produced vehicle. In April this year, didi's autonomous driving joint venture with GAC Aian, called Andi Technology, received its business license. Both parties will deeply integrate leading autonomous driving technology and mature experience in new energy vehicle manufacturing, and launch the first mass-produced L4 model in 2025. didi CTO and didi autonomous driving CEO, Zhang Bo, said that the L4...

Sina TechnologyOct 22 06:23 ET

didi global inc responds to illegal mapping incident: unrelated to didi global inc

According to the WeChat public account of 'National Security Department' on the afternoon of October 17th, the national security agency's work has found that a certain overseas company A, through cooperation with B, a company in China with surveying qualifications, used research on smart driving of autos as a cover to illegally conduct geographic information surveying activities within China. With this news coming out, there have been many speculations about who the mentioned companies are. Didi Global Inc responded to this by stating it is unrelated.

Sina technologyOct 17 03:36 ET

Goldman Sachs Raises China Economic Growth Forecasts

WSJOct 13 20:53 ET

Former didi global inc COO Meng Xing joins Wuyuan Capital as a partner.

Sina Technology News, the afternoon of October 9th, according to media reports, Meng Xing, former COO of didi global inc's autonomous driving, has joined Wuyuan Capital as a partner in September 2024. Didi has not commented on this matter as of the deadline. Data shows that Meng Xing previously worked at Shunwei Capital and joined didi in 2019 as the COO of didi's autonomous driving division, reporting to didi's CTO and didi's autonomous driving CEO Zhang Bo.

Sina TechnologyOct 9 03:08 ET

China's Stocks Lose Steam as Enthusiasm for Major Stimulus Wanes. What's Next?

Analysts NotebookOct 8 06:04 ET

Today's Pre-Market Movers and Top Ratings | LI, BABA, NKE and More

Movers and ShakersOct 2 08:02 ET

Express News | Hedge Funds Are Pouring Into ETFs Focusing on Chinese Equities With $2.4 Billion Inflows

Moomoo 24/7Oct 2 05:50 ET

Express News | U.S.-Listed Chinese Stocks Surge in Overnight Trading Following Politburo's Commitment to Fiscal Support

Moomoo 24/7Sep 26 02:45 ET

US Listed-Chinese Stocks Surge Tuesday on Policy Boost, Who Is Leading the Way

Moomoo NewsSep 25 05:58 ET

Express News | U.S.-Listed Shares of Chinese Firms Jump Premarket After China Announces Stimulus Measures

ReutersSep 24 04:30 ET

Didi Charter announced its nationwide launch, covering individual users and corporate users.

Sina Technology News on the afternoon of September 11th, as the Mid-Autumn Festival and National Day approached, DiDi Chauffeur launched nationwide recently, and also launched the "Mid-Autumn, National Day Chauffeur starting from 50% off" promotion. It is introduced that DiDi Chauffeur is a service that provides exclusive drivers and vehicles to meet users' on-demand, flexible parking, and other car rental needs. Users can access the chartering service page by clicking on the DiDi Charter in the top section of the DiDi App homepage. In response to the insufficient online rate of the charter industry and the unclear offline transaction costs, DiDi Chauffeur's first solution is to ensure transparent pricing rules. When users select the vehicle package, they will see the basic package fee, overtime fee, overtime charge rates, and

新浪科技Sep 11 03:10 ET

Didi: Didi advanced 0.129 billion yuan to drivers in the first half of this year, all of which were unpaid passenger fares.

Sina Technology News, the evening of September 10th, Didi's 15th session of the "Q&A" focused on the issue of advance payment for high-priced orders. In the first half of this year, Didi has advanced 12.9 billion yuan to drivers, all of which are online car-hailing fees that passengers have not yet paid. After the Didi order is completed, the vast majority of passengers will voluntarily pay the car fee, either before the next ride or after receiving reminders through platform app messages, text messages, phone calls, etc. However, there are indeed a few passengers who intentionally do not pay the car fee. In order to ensure that the drivers receive their earnings in a timely manner, since 2016, Didi has been advancing the car fee based on platform rules prior to payment.

新浪科技Sep 10 06:50 ET

Didi: Nearly one billion driver subsidies will be distributed on Mid-Autumn Festival day.

Sina Technology News, September 9th, Didi announced today that as Mid-Autumn Festival approaches, in order to thank the drivers for their hard work during the holiday, Didi will issue nearly 100 million driver subsidies on the day of the Mid-Autumn Festival, launch ten exclusive rewards for the Mid-Autumn Festival, introduce a turnover acceleration card and a brokerage-free card, and launch the "Didi Driver Welfare Station" and "Driver Mid-Autumn Family Feast" in hundreds of cities to provide income protection for drivers working during the holiday. It is reported that during the Mid-Autumn Festival holiday, Didi has launched ten driver rewards, including the turnover acceleration card, with the highest turnover increase of 30%; drivers can enjoy brokerage-free charges when working during the holiday, passengers pay the full amount to the drivers; and participating in the completion of orders can enter the lucky draw, with the highest prize.

新浪科技Sep 9 05:12 ET

Should the driver accommodate the passenger's request for an extra stop? Didi: 65.8% of users express support.

On the afternoon of August 22, Sina Technology reported that Didi has released the 18th public evaluation titled 'Should drivers comply with passengers' request for an extra drop-off?'. The aim is to further optimize the user experience and service rules. As of August 31, more than 0.13 million users have participated in the discussion and voting, with the results showing that 65.8% of people support the extra drop-off, while 34.2% of people voted against it. Among those who support the notion, the highest number of votes went to 'Anyone can have special circumstances, and it is hoped that drivers can be more understanding', accounting for 32.1%. Among those who do not support it, nearly half of them believe that 'Once the passenger reaches their destination, they should get off the car', which accounts for

新浪科技Sep 2 05:39 ET

Didi: "Black Myth: Wukong" drives the taxi demand at multiple scenic spots across the country, with a 99% increase in taxi demand at tourist attractions in Shanxi.

After the online launch of the game "Black Myth: Wukong", it became extremely popular and attracted a large number of tourists to visit the offline game locations, leading to a significant increase in demand for transportation. According to Didi Chuxing's data, since the game was launched on August 20th, the top ten most visited locations by Didi users are Datong Ancient City, Wutai Mountain in Xinzhou, San-Temple in Dali, Yungang Grottoes in Datong, Kaiyuan Temple in Quanzhou, Lingyin Temple in Hangzhou, Cheng'en Temple in Tongren, Shuanglin Temple in Pingyao, Hanpingyangfu in Mianyang, and Muta in Yingxian County, Shuozhou. Among them, Shanxi, which has the highest number of filming locations, occupies five spots.

新浪科技Aug 27 03:42 ET

Didi Chauffeur began trial operation and has successively launched in 44 cities across the country.

According to the news from Sina Technology on the afternoon of August 9th, various types of travel needs such as family outings, student research, and friends companionship have surged during the summer travel season, and the chartered car market has ushered in the golden period of the year. In order to meet this market demand, Didi Chuxing has successively launched in 44 cities across the country and started trial operation. "We found that many users on the platform have long-term car usage needs with the same driver, such as commuting at fixed times every day, continuous visits to multiple attractions, and scenarios where a car is needed for several hours or days," said the person in charge of Didi Chuxing. In order to meet the diversified travel needs of users, based on

新浪科技Aug 9 03:07 ET

Didi will provide 0.6 billion yuan in high-temperature subsidies to drivers to encourage them to turn on the air conditioner.

On the afternoon of August 5th, Didi's online car-hailing "happy" ambassador Pan Zhanle won the gold medal for the Chinese team with an excellent time of 45.92 seconds in the men's 4x100m medley relay race by overtaking on the last stretch. To further improve the certainty guarantee for users when calling for a ride, Didi has partnered with Didi Express and online car-hailing "happy" ambassador & swimmer Pan Zhanle to upgrade the "3-minute no-car penalty" to "100-second no-car penalty", challenging a 100-second wait time for a car. At the same time, Didi continues to distribute multiple rewards, such as high-temperature subsidies for drivers and optimizing multi-vehicle types and services to continue improving response efficiency and allow users to get a car more quickly. From August 5th to August 16th.

新浪科技Aug 5 04:59 ET