The U.S. is trying to persuade its foreign allies to avoid using telecommunications equipment from China’s Huawei, the Wall Street Journal reported. U.S. government officials are briefing their counterparts in countries such as Germany, Italy and Japan about potential cybersecurity risks associated with Huawei, the Journal said. The Journal story doesn’t say which government agencies are leading...
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China’s Ride-Hailing Giant Didi Plans Separate IPO of Grocery Business
Didi Chuxing, a Chinese ride-hailing giant that plans to go public in New York this summer, is already making plans to spin off its newly created grocery-delivery service a year or two after the initial public offering. Didi executives have told investors in the grocery service that it intends to take the grocery business public sometime between 2022 and 2023, according to a person familiar...
ReCharge Raises $277 million at $2.1 Billion Valuation
Tencent Trying to Prevent Forced Divestment of Riot, Epic Games
Uber’s Ride Hailing Business Performed Slightly Better in Q1
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