Discover and read the best of Twitter Threads about #DiDi

Most recents (12)

🧵El día domingo pedí un taxi @DidiPeru y el taxista me dijo que debía poner un código de autenticidad que me llegaría en sms (ahora me doy cuenta que no llegaban de un número de Didi pero en ese momento no lo dudé), cuando puse el código pum me sacó de la aplicación…
Y dije que raro voy a volver a entrar y era como empezar de vuelta de cero la aplicación y como ya estaba cansada dije ya fue pido un Uber y lo dejé ahí. Recién el 31 volví a ingresar al app para tomar un taxi e hice todos los pasos de reinscribirme pero no me pareció nada raro.
Hoy que estaba viendo mi tarjeta porque quería ver cuando me tocaba pagar… pum me doy cuenta con que debía un montón de plata y me pareció raro, entonces entré y vi que me habían estafado por 700 soles
Read 5 tweets
#NouvelleDeLavent #1dec Manon serrait le col de son manteau contre son cou comme si ça pouvait l’aider à passer entre les gouttes, la tête dans les épaules elle parcourait rapidement les derniers mètres qui séparaient son cabinet de son appartement douillet.
La journée avait été pénible, elle avait commencé par le café renversé sur le courrier de la veille qu’elle n’avait pas eu le temps de lire et qui patienterait encore, puis le mal de pied au bout de 100 mètres dans ses nouvelles chaussures si jolies mais pas très confortables
Et enfin le message vocal en sortant du bus lui indiquant que son associée était couchée avec une fièvre de cheval et ne pourrait pas venir travailler aujourd’hui, elle allait devoir jongler entre les patients…ca promettait une journée bien compliquée.
Read 1533 tweets
🧵 Lenovo and China Left+' attack on it.

It's been 3+ days in China headline yet not much English reporting.

It's related to #Didi as CEO and Lenovo founder father-daughter relationship.

Certainly one power family. Chinese phrases that bad things come in doubles.

/1
If Global Times @HuXijin_GT considered China Left, one attacking Lenovo could be considered China Left+, evidenced by Mr. Hu came out and publicly support Lenovo some

Grasp of politics/label rudimentary. If I am allowed to label Covid variants, it will be variant 1, 2, 3, .

/2
The China Left+ accuser's name is Sima Nan who listed 5 "Crimes" of Lenovo:

1. Sky-high executive salaries
2. Loss of China’s state-owned assets during privatization by Lenovo founder/CEO. Lenovo was originally a 100% state-owned enterprise by the Chinese Academy of Sciences

/3
Read 7 tweets
For #China Equity VIE risk assessment, I highly recommend paying attention to this company 旷视科技 (en.megvii.com)It may become a VIE structured company but listed in Shanghai STAR board. That would be a huge regulatory stamp of approval. baijiahao.baidu.com/s?id=171042585…
@Reuters is reporting that Chinese companies with #VIE structure needs government approval before listing in HK. That should be abundantly clear after #DIDI debacle. My own assessment from a while back still stands well. wisdomtree.com/blog/2021-08-1…
#MEGVII (旷视科技)'s VIE risk disclosure (Chinese, p11) pdf.dfcfw.com/pdf/H2_AN20210… for Shanghai STAR board is extensive and legal wording similar to #BABA SEC 20F disclosure (English) alibabagroup.com/cn/ir/secfilin…
Tencent HKex disclosure (English) on WFOE shortest static.www.tencent.com/uploads/2021/0…
Read 4 tweets
1/21 A long thread of local context for Ant Financials’ Credit Scoring Joint Venture and Chinese state ownership. There has been significant recent news of Chinese SOEs taking stakes in private companies. #PBOC #BABA #China #Ant #Didi #ByteDance #Hefei #ZheJiang #Evergrand
2/21 How to make sense of this trend? ONE: the government’s goal is to take enough equity to acquire a seat in the board, bail out a locally troubled company, or pure investment return, not necessarily ownership and control per se.
3/21 Taking state ownership means government needs to pony up significant capital. In BOE Tech deal, Hefei city put in more than $2 billion. It had four more investment deals with >$1 billion. Many numerous deals like PuDao Credit, the Beijing-affiliated SOE put up $52.5million.
Read 22 tweets
Interesantes reflexiones del inversor Tom Russo respecto a su visión de los riesgos a los que parece enfrentarse Alibaba #BABA, presentada en su última carta trimestral.

moiglobal.com/wp-content/upl…

Hago resumen:

Si bien su inversión ha caído más de un 25%, consideran
que, a largo plazo, las nuevas regulaciones permitirán en el futuro dar más credibilidad a las empresas chinas y #BABA en particular, bajo los argumentos:

1. SOBRE LA PARALIZACIÓN DE LA OPI DE ANT FINANCIAL :

Ant estaba financiando las compras de sus clientes a través de
microcréditos con unas condiciones muy "laxas".
Dado que realmente es una institución financiera, tiene sentido que el Gobierno le exija someterse a las mismas condiciones estrictas de otras instituciones financieras que también otorgan créditos.

2. SEGURIDAD EN LOS DATOS:
Read 23 tweets
1/
At least five popular Chinese apps have suspended new user registrations in compliance with regulatory demands

This is part of China's latest #BigTech Crackdown (read more about that here...)
@WiserIn10
rickhuckstep.com/china-tech-cra…
2/
Ride-hailing behemoth #DiDi Chuxing has over 90% marketshare in China and stopped new user registrations after an investigation into the company's #cybersecurity practices

#ChinaTech #BigTech Image
3/
However, the impact of suspending new registrations is limited for big firms like #WeChat because they are already so widely implemented
Read 4 tweets
China's Politburo held a meeting to analyze the current economic situation and economic work, presided over by General Secretary Xi Jinping.
#China #Economy
#China says economic recovery is not solid yet.
China to improve overseas listing supervision system.
#China #Didi
Read 10 tweets
$DIDI up more than 7% in the premarket session.
#Didi
$DIDI now surges more than 10% premarket. #Didi
$DIDI skyrocketed 46% in the US premarket as sources said that Didi global considers going private to placate #Beijing, compensate investors, and that it has been contemplating delisting plan as crackdown widens and has obtained support from cybersecurity watchdog -WSJ
Read 4 tweets
#BREAKING
The $DIDI App is not accessible on all mobile App stores including Android and iOS, due to the investigation conducted by CAC, the Cyberspace Administration.
DIDI has been reported collecting users' data and use it illegally.
$DIDI's service is still available on the #WeChat Applet platform. The App has been downloaded before is not affected by CAC's command.
@zerohedge @BaldingsWorld
$DIDI's response:
DIDI has suspended registrations since July 7 as required and the App will be rectified.
The services for users and drivers are unaffected under this command.
#DIDI @zerohedge
Read 3 tweets
China's Cybersecurity Review Office initiated a cybersecurity review of the ride-hailing platform "Didi Chuxing". New user registration will be suspended during the review period.
#DiDi $DIDI #China Image
DIDI's shares erase earlier 4% gain, last trading up 1.1% premarket. $DIDI #DIDI
China's ride-hailing platform "Didi Chuxing" says to actively cooperate with cybersecurity review and comprehensively check and clear security risks.
#DiDi $DIDI
Read 5 tweets
A thread about how well #China is playing the international game to become the most prominent economy in this decade, by @swardley.
@swardley Some key points about #China's long-run #strategy:

- For the #CPC (Communist Party of China) the #market is only a tool to leverage the power of the Chinese people, culture, and state, and not the holy sacred truth, as most western liberals believe. See @swardley's explanation.
@swardley - #China, through its CPC, acts as the #world's #biggest #buyer of goods & services, and hence, is able to impose its conditions (read law, prices, access to intellectual property, etc) to all multinationals that want to access the Chinese market, no matter how big they are.
Read 22 tweets

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