Ridesharing companies

DiDi Global, Inc. Investors: Last Days to Participate Actively in the Class Action Lawsuit; Portnoy Law Firm

Retrieved on: 
Tuesday, July 13, 2021
Ridesharing companies, Carsharing, DiDi, Uberisation, Portnoy, DiDi, Transport, Human activities, Companies of China

Investors are encouraged to contact attorney Lesley F. Portnoy , to determine eligibility to participate in this action, by phone 310-692-8883 or email , or click here to join the case.

Key Points: 
  • Investors are encouraged to contact attorney Lesley F. Portnoy , to determine eligibility to participate in this action, by phone 310-692-8883 or email , or click here to join the case.
  • It is alleged in this complaint that Didi misled investors regarding the Companys compliance with privacy laws.
  • Didi operates a major Beijing-based ride-hailing company known as Didi Chuxing.
  • The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing.

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against DiDi Global Inc. (DIDI)

Retrieved on: 
Monday, July 12, 2021
Legal, Professional services, Ridesharing companies, Carsharing, DiDi, Uberisation, Transport, Initial public offering, DiDi, ADSS, Companies of China, Service industries

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] .

Key Points: 
  • 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] .
  • The Company claims to be the go-to brand in China for shared mobility, offering a range of services including ride hailing, taxi hailing, chauffeur, and hitch.
  • 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.

Senmiao Technology Reports Fiscal 2021 Year-end Financial Results

Retrieved on: 
Thursday, July 8, 2021
Financial accounting, Fiscal year, Ridesharing companies

CHENGDU, China, July 8, 2021 /PRNewswire/ --Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China and an operator of its own online ride-sharing platform, today announced financial results for the fiscal year ended March 31, 2021.

Key Points: 
  • CHENGDU, China, July 8, 2021 /PRNewswire/ --Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China and an operator of its own online ride-sharing platform, today announced financial results for the fiscal year ended March 31, 2021.
  • Total revenues were $6.2 million for the fiscal year endedMarch 31, 2021, compared to $15.7 million in the prior fiscal year.
  • During the year ended March 31, 2021, Senmiao strategically shifted its business focus to automobile rental options for ride-hailing drivers.
  • During fiscal 2021, Senmiao shifted its business focus to operating its own online ride-hailing platform, which launched in October 2020.

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of DiDi Global Inc. (DIDI) Investors

Retrieved on: 
Thursday, July 8, 2021
Legal, Professional services, Ridesharing companies, Transport, Carsharing, DiDi, Uberisation, Service industries, Taxicab, Human activities

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.
  • The Company claims to be the go-to brand in China for shared mobility, offering a range of services including ride hailing, taxi hailing, chauffeur, and hitch.
  • It also reported that it had asked DiDi to stop new user registrations during the course of the investigation.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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

Retrieved on: 
Thursday, July 8, 2021
Ridesharing companies, Carsharing, DiDi, Uberisation, Leviton, Transport, New York Stock Exchange, Companies of China, Service industries

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.

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
Legal, Professional services, Ridesharing companies, Carsharing, DiDi, Uberisation, Transport, Initial public offering, DiDi, Companies of China, Service industries

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.

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

Retrieved on: 
Tuesday, July 6, 2021
Ridesharing companies, Carsharing, DiDi, Uberisation, Transport, DiDi, Securities fraud, Companies of China, Human activities

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.

DIDI GLOBAL INVESTIGATION: Block & Leviton Investigates DiDi Global for Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm

Retrieved on: 
Tuesday, July 6, 2021
Ridesharing companies, Carsharing, DiDi, Uberisation, Transport, Leviton, Companies of China, DiDi, Service industries

BOSTON, July 06, 2021 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Didi Global Inc. (NYSE: DIDI) for potential securities law violations.

Key Points: 
  • BOSTON, July 06, 2021 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Didi Global Inc. (NYSE: DIDI) for potential securities law violations.
  • Investors who have lost money in their Didi investment should contact the firm to learn more about how they might recover those losses.
  • Didi Global operates a major Beijing-based ride-hailing company known as Didi Chuxing.
  • Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.

DiDi Announces App Takedown in China

Retrieved on: 
Sunday, July 4, 2021
Banking, Consumer electronics, Technology, Professional services, Public transport, Transport, Security, Legal, Internet, Mobile, Wireless, Finance, Ridesharing companies, Carsharing, DiDi, Uberisation, Transport, Service industries, App store, Cyberspace Administration of China, Asia Pulp & Paper, Land transport, DiDi

DiDi Global Inc. (DiDi or the Company) (NYSE: DIDI), the worlds leading mobility technology platform, today announced that according to the announcement posted by the Cyberspace Administration of China (the CAC) on July 4, 2021, the CAC stated that it was reported and confirmed that the "DiDi Chuxing" app had the problem of collecting personal information in violation of relevant PRC laws and regulations.

Key Points: 
  • DiDi Global Inc. (DiDi or the Company) (NYSE: DIDI), the worlds leading mobility technology platform, today announced that according to the announcement posted by the Cyberspace Administration of China (the CAC) on July 4, 2021, the CAC stated that it was reported and confirmed that the "DiDi Chuxing" app had the problem of collecting personal information in violation of relevant PRC laws and regulations.
  • Once the "DiDi Chuxing" app is taken down from app stores in China, the app can no longer be downloaded in China, although existing users who had previously downloaded and installed the app on their phones prior to the takedown may continue using it.
  • The Company expects that the app takedown may have an adverse impact on its revenue in China.
  • Apart from the suspension of new user registration in China that was previously announced on July 2, 2021, and the app takedown in China as announced in this release, DiDi maintains normal operations globally.

Global Ride Sharing Market Report 2021-2026: Leading Providers are Didi Chuxing (China), Uber Technologies, Inc (US), Gett (Israel), Lyft, Inc (US), and Grab (Singapore) - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 24, 2021
Public transport, Alternative Vehicles, Fuels, Other Transport, Mobile, Wireless, Technology, Automotive, General Automotive, Transport, Transportation, Travel, Ridesharing companies, Transport, Location-based software, Shared transport, Service industries, DiDi, Lyft, Uber, Grab, Gett, The Ride, Carpool

The global ride sharing market is projected to grow from USD 85.8 billion in 2021 and reach USD 185.1 billion in 2026, at a CAGR of 16.6%.

Key Points: 
  • The global ride sharing market is projected to grow from USD 85.8 billion in 2021 and reach USD 185.1 billion in 2026, at a CAGR of 16.6%.
  • Additionally, though urbanization would be a key driver for the ride sharing industry, the pandemic's effects would be seen on ride sharing models for the initial period.
  • Didi Chuxing (China), Uber Technologies, Inc (US), Gett (Israel), Lyft, Inc (US), and Grab (Singapore) are the leading providers of ride sharing in the global market.
  • Attractive Opportunities in the Electric Vehicle Ride Sharing Space: Rising Population & Urbanization to Drive the Ride Sharing Market