China’s ride-hailing behemoth Didi has begun the procedure of delisting from the New York Stock Exchange and applying to list in Hong Kong instead, the company announced via a Weibo post on Friday morning. The decision came days after Bloomberg reported the Chinese government had asked Didi to delist from the U.S. out of security […]
Peer-to-peer car rental startup Getaround fined nearly $1M by DC’s attorney general
Getaround was fined nearly $1 million by the Washington, D.C. Office of the attorney general for operating without a license and other violations, part of a settlement of what the peer-to-peer car rental startup calls “politically motivated allegations.” The AG’s office started investigating the company early last year, after it received reports of vehicle thefts […]