China’s top internet regulator has suggested that ride-hailing giant Didi Global explore a listing in Hong Kong, the Wall Street Journal reported. The talks about a possible Hong Kong listing come as Didi, which went public in New York in late June, is undergoing a cybersecurity investigation led by the regulator, the Cyberspace Administration of China. Didi’s stock price plunged after the...
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The Briefing Media/Telecom Markets
Ultrafast Wars Raise Risk of Investor Injury
Wandering around Manhattan has lately become a not-so-fun exercise in dodging the stream of bicycles ridden ferociously by delivery couriers, a population that is growing with the proliferation of ultrafast grocery-delivery services. DoorDash’s announcement on Monday that it is jumping into the ultrafast fray suggests that the danger of severe injury may be about to increase. But it may be...
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