Grab shares crash as revenue plunges on promotions, driver incentives
Its loss for the whole year ballooned to US$3.56 billion versus US$2.75 billion in 2020.
Ride-hailing giant Didi taken off China’s app stores by cyber regulator
Beijing regulators have been getting tough with the country's technology giants, including Alibaba and Tencent.
Chinese ride-hailing giant files to go public in US
US mega-corps Apple and Uber are already substantial investors in Didi Chuxing.