Companies of China

Tencent Cloud and Boston Consulting Group Announce Strategic Alliance

Retrieved on: 
Monday, July 12, 2021

Leveraging the innovations, resources and advantages of both parties, Tencent Cloud today announced its strategic alliance with globally renowned Boston Consulting Group (BCG), carrying out cooperation in a range of areas, including finance and retail, to help enterprises in their digital transformation.

Key Points: 
  • Leveraging the innovations, resources and advantages of both parties, Tencent Cloud today announced its strategic alliance with globally renowned Boston Consulting Group (BCG), carrying out cooperation in a range of areas, including finance and retail, to help enterprises in their digital transformation.
  • Under the alliance, Tencent Cloud and BCG will carry out cooperation in various fields, including finance and retail, together to facilitate digital transformation in enterprises, and to provide enterprise architecture design for enterprises' access to the cloud.
  • In the future, the alliance between Tencent Cloud and BCGwill be extended to Asia Pacific and the global market.
  • Tencent Cloud is Tencent's cloud services brand, providing industry-leading cloud products and services to organizations and enterprises across the world.

Tencent Cloud and Boston Consulting Group Announce Strategic Alliance

Retrieved on: 
Monday, July 12, 2021

Leveraging the innovations, resources and advantages of both parties, Tencent Cloud today announced its strategic alliance with globally renowned Boston Consulting Group (BCG), carrying out cooperation in a range of areas, including finance and retail, to help enterprises in their digital transformation.

Key Points: 
  • Leveraging the innovations, resources and advantages of both parties, Tencent Cloud today announced its strategic alliance with globally renowned Boston Consulting Group (BCG), carrying out cooperation in a range of areas, including finance and retail, to help enterprises in their digital transformation.
  • Under the alliance, Tencent Cloud and BCG will carry out cooperation in various fields, including finance and retail, together to facilitate digital transformation in enterprises, and to provide enterprise architecture design for enterprises' access to the cloud.
  • In the future, the alliance between Tencent Cloud and BCGwill be extended to Asia Pacific and the global market.
  • Tencent Cloud is Tencent's cloud services brand, providing industry-leading cloud products and services to organizations and enterprises across the world.

Didi Announces Takedown of Additional Apps in China

Retrieved on: 
Monday, July 12, 2021

The Company expects that the app takedown may have an adverse impact on its revenue in China.

Key Points: 
  • The Company expects that the app takedown may have an adverse impact on its revenue in China.
  • DiDi Global Inc. (NYSE: DIDI) is the worlds leading mobility technology platform.
  • This press release contains statements that may constitute forward-looking statements which are made pursuant to the safe harbor provisions of the U.S.
  • Statements that are not historical facts, including statements about the Companys beliefs, plans, and expectations, are forward-looking statements.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against DiDi Global Inc. (DIDI)

Retrieved on: 
Friday, July 9, 2021

On or about June 30, 2021, DiDi sold about 316.8 million ADSs in its IPO for $14 per share, raising nearly $4.5 billion in new capital.

Key Points: 
  • On or about June 30, 2021, DiDi sold about 316.8 million ADSs in its IPO for $14 per share, raising nearly $4.5 billion in new capital.
  • It also reported that it had asked DiDi to stop new user registrations during the course of the investigation.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

DIDI CLASS ACTION ALERT:  Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Lawsuit Filed Against DiDi Global Inc.

Retrieved on: 
Friday, July 9, 2021

For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.

Key Points: 
  • For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.
  • DiDi was formerly known as Xiaoju Kuaizhi Inc. and changed its name to DiDi Global Inc. in June 2021.
  • On June 30, 2021, DiDi filed its prospectus on a Form 424B4, which forms part of the Registration Statement.
  • The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP.

LAWSUIT FILED: DiDi Global Sued for Securities Fraud; Investors Should Contact Block & Leviton for More Information

Retrieved on: 
Thursday, July 8, 2021

BOSTON, July 08, 2021 (GLOBE NEWSWIRE) -- Block & Leviton announces that a class action lawsuit has been filed against Didi Global Inc. (NYSE: DIDI) and certain of its officers for securities fraud.

Key Points: 
  • BOSTON, July 08, 2021 (GLOBE NEWSWIRE) -- Block & Leviton announces that a class action lawsuit has been filed against Didi Global Inc. (NYSE: DIDI) and certain of its officers for securities fraud.
  • Didi Global operates a major Beijing-based ride-hailing company known as Didi Chuxing.
  • Investors should contact Block & Leviton to learn more.
  • You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email [email protected] with any questions.

Meituan Unveils Self-Developed Drone Model, Plans for Drone Logistics Network at 2021 World Artificial Intelligence Conference

Retrieved on: 
Thursday, July 8, 2021

HONG KONG, July 8, 2021 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), China's leading e-commerce platform for services, today introduced a new, self-developed drone model and announced plans for a drone logistics network pilot program in Shanghai.

Key Points: 
  • HONG KONG, July 8, 2021 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), China's leading e-commerce platform for services, today introduced a new, self-developed drone model and announced plans for a drone logistics network pilot program in Shanghai.
  • The announcement was made at the 2021 World Artificial Intelligence Conference (WAIC) in Shanghai, where Meituan demonstrated how drones and delivery riders could conceivably work together to deliver orders.
  • "We envision a collaborative, integrated network where our drones and delivery riders can work seamlessly together to deliver orders."
  • Meituan has 569.3 million Annual Transacting Users and 7.1 million Annual Active Merchants as of March 31, 2021.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of DiDi Global Inc. (DIDI) Investors

Retrieved on: 
Wednesday, July 7, 2021

DiDi investors have until September 7, 2021 to file a lead plaintiff motion.

Key Points: 
  • DiDi investors have until September 7, 2021 to file a lead plaintiff motion.
  • Investors suffering losses on their DiDi investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .
  • On or about June 30, 2021, DiDi sold about 316.8 million ADSs in its IPO for $14 per share, raising nearly $4.5 billion in new capital.
  • It also reported that it had asked DiDi to stop new user registrations during the course of the investigation.

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against DiDi Global Inc. and Encourages Investors with Losses to Contact the Firm

Retrieved on: 
Wednesday, July 7, 2021

LOS ANGELES, July 6, 2021 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DiDi Global Inc. ("DiDi" or "the Company") (NYSE: DIDI ) for violations of the securities laws.

Key Points: 
  • LOS ANGELES, July 6, 2021 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DiDi Global Inc. ("DiDi" or "the Company") (NYSE: DIDI ) for violations of the securities laws.
  • The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • DiDi is the subject of an investigation by China's Cyberspace Administration announced on July 2, 2021.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

Didi Global Inc. Investors: Company Investigated by the Portnoy Law Firm

Retrieved on: 
Tuesday, July 6, 2021

LOS ANGELES, July 06, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Didi Global Inc. (Didi or the, Company) (NYSE: DIDI) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Key Points: 
  • LOS ANGELES, July 06, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Didi Global Inc. (Didi or the, Company) (NYSE: DIDI) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors options for pursuing claims to recover their losses.
  • Didi operates a major Beijing-based ride-hailing company known as Didi Chuxing.
  • The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing.