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Didi says app removal may hurt revenue, other US-listed Chinese firms probed

Reuters Published: 05 Jul 2021 11:56 AM BdST Updated: 05 Jul 2021 11:56 AM BdST FILE PHOTO: The logo for Chinese ride-hailing company Didi Global Inc is pictured during the IPO on the New York Stock Exchange (NYSE) floor in New York City, US, June 30, 2021. REUTERS/Brendan McDermid/File Photo Didi Global Inc said a regulatory order that its app be removed from app stores in China could hurt revenue, while other recently US-listed Chinese firms also found themselves the subject of cybersecurity investigations. ); } Sunday s takedown order from the Cyberspace Administration of China (CAC) comes just two days after the regulator announced an investigation into the ride-hailing giant and less than a week after the firm debuted on the New York Stock Exchange.

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EMEA Morning Briefing: Stocks to Edge Higher But Oil Weakens on OPEC+ Deadlock

Provided by Dow Jones MARKET WRAPS Watch For: Eurozone, Germany, France, U.K., Italy Services PMI; Eurozone Quarterly Balance of Payments, Sectoral Accounts; France Industrial Production; UK Official Reserves, Car Registrations; OECD CPI; U.S. Independence Day Observed, Financial Markets Closed; updates from Repsol, Ryanair Opening Call: Equities in Europe are likely to edge up on Monday, with gains capped due to the U.S. holiday. In Asia, stocks were steady, oil dipped on OPEC+ worries, while the dollar, Treasury yields and gold prices were firmer. Equities: European stocks may struggle for direction on Monday, with oil lower on OPEC+ tensions and U.S. markets closed for the July 4 Independence Day holiday.

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Didi says app takedown may hurt revenue, other US-listed China firms probed

Didi says app takedown may hurt revenue, other US-listed China firms probed
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

United statesHong kongScott murdochZennon kapronEdwina gibbsAakriti bhallaTony munroeSam nusseyMartin chorzempaYilei sunTruck allianceYork stock exchangeSoftbank group corpPeople dailyAnt groupCyberspace administration of china

Didi says app takedown may hurt revenue, other U S -listed Chinese firms probed

Didi says app takedown may hurt revenue, other U S -listed Chinese firms probed
oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesHong kongNew york stock exchangeScott murdochZennon kapronEdwina gibbsAakriti bhallaTony munroeSam nusseyMartin chorzempaYilei sunBrendan mcdermidChina didi global incSoftbank group corpAdministration for market regulation

Didi says app takedown may hit revenue, other U S -listed Chinese firms probed

Didi says app takedown may hit revenue, other U S -listed Chinese firms probed
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

United statesHong kongScott murdochAlexander smithZennon kapronEdwina gibbsAakriti bhallaTony munroeSam nusseyMartin chorzempaYilei sunSoftbank group corpAdministration for market regulationPeterson institute for international economicsVision fundDidi global inc