02559 DIDA INC
- 2.390
- -0.120-4.78%
DIDA INC News
Dida Inc. Subsidiary to Invest in Uxin Limited
Didache Travel (02559) subsidiary plans to subscribe for 1.544 billion shares of uxin (UXIN.US) class A common stock.
DiDi Travel (02559) announced on November 4, 2024, that Lightwind Glo...
Didachuxing joins the huawei hongmong ecosystem, and the native hongmong version App is officially launched.
Today, DiDi Travel announced its official entry into the huawei hongmong ecosystem, becoming one of the first companies in the mobile travel industry to join HarmonyOS NEXT, the native huawei hongmong operating system since the public beta launch on October 8. Working with the hongmong ecosystem signifies a key step for DiDi Travel in supporting the development of domestic operating systems. Mr. Zhang Kangzong, Technical Director of DiDi Travel, said: "This is not only an important expansion of the company's technical global strategy blueprint, but also a deep commitment to enhancing user experience. By integrating the native huawei hongmong operating system, we aim to create a more asia vets-oriented experience for DiDi users."
Third quarter IPO report: Hong Kong stock market once again witnessed billion-dollar projects, the number and amount of Chinese enterprise IPOs rebounded year-on-year
In Q3 2024, a total of 52 Chinese companies successfully IPO'd on A-shares, Hong Kong stocks, and US stocks. The number of IPOs decreased by 52.29% year-on-year, but increased by 18.18% compared to the previous period. In the first three quarters, the number of IPOs of Chinese companies globally decreased by 54.98% year-on-year.
DIDA INC: 2024 INTERIM REPORT
Dida's Subsidiary to Subscribe for Uxin's Shares, Extends Loan to Youxin Anhui
Uxin's pre-market trading surged by nearly 29% at one point, and Dida Chuxing plans to subscribe to Uxin's shares for $7.5 million.
On September 13th, Uxin (UXIN.US) rose sharply before the market opened, with a peak increase of nearly 29% to $1.96, and the current increase narrowed to over 2%. In terms of news, Dida Chuxing announced that its wholly-owned subsidiary, Pintu Beijing, has reached a memorandum of understanding with Uxin. Based on this, Pintu Beijing has agreed to subscribe for 1.543 billion shares of Class A common stock of Uxin, and Uxin will deliver 5.1461 million American depositary shares as consideration, with a value of $7.5 million. At the same time, Pintu Beijing will provide a loan of $7.5 million to Uxin, with a term of 18 months. The board of directors of Dida Chuxing believes that due to the cooperation between the group and Uxin in the automotive aftermarket industry.
Uxin: Pintu to Extend $7.5M Loan to Uxin Subsidiary Youxin (ANHUI) Industrial Investment in Connection With Proposed Investment >UXIN
Uxin: Pintu Plans to Subscribe for $7.5M Worth of Shares >UXIN
Uxin Enters MOU for Proposed Investment by Pintu (Beijing) Information Technology >UXIN
Didi Chuxing (02559.HK) plans to subscribe for Uxin shares worth $7.5 million.
DiDi Travel (02559.HK) announced that its wholly owned subsidiary, Pintu Beijing, has entered into a memorandum of understanding with Uxin. Accordingly, Pintu Beijing has agreed to subscribe for 1.543 billion shares of Class A common stock of Uxin, with Uxin delivering 5.1461 million American depositary shares as consideration, at a price of $7.5 million. At the same time, Pintu Beijing will provide a $7.5 million loan to Uxin, with a term of 18 months. Uxin, whose American depositary shares are listed on the NASDAQ, is mainly engaged in providing second-hand car purchasing products and services to customers nationwide through online platforms and offline retail stores.
Dida Inc. Engages in Key Transactions With Connected Entities
Dida Chuxing plans to join hands with Youxin to provide more after-sales service for private car owners
Tick Tock Travel announced that on September 12, 2024, PITU Beijing (an indirect wholly-owned subsidiary of the company) and Youxin Co., Ltd. signed a memorandum of understanding. According to this, Youxin Co., Ltd. agreed to issue and sell, and PITU Beijing agreed to subscribe for a total of 1,543,845,204 Class A common shares of Youxin Co., Ltd. at the subscription price per share. These shares will be delivered to Putu Beijing in the form of 5,146,151 American depository shares, with a total subscription amount of 7.5 million US dollars.
Didi Chuxing (02559.HK) Vice President of Technology, Duan Jianbo: Building a new eco-system of shared mobility with Tencent Maps.
As an important driving force for the rapid development of the intelligent industry, digital maps play a very important role in daily intelligent travel, cultural tourism, entertainment, retail chains and other fields. They are an important support for various industries to enhance user experience and improve business efficiency. So, in the field of mobile travel, how do map platforms empower the user experience and improve efficiency? How do both parties cooperate and create mutual benefits? What new opportunities will there be for future cooperation? Recently, at the "Tencent Map Industry Application" session of the 2024 Tencent Global Digital Ecology Conference, Didi Chuxing co-founder and Vice President of Technology, Duan Jianbo, brought a presentation titled
Hong Kong stocks closed (09.04) | The Hang Seng Index fell 1.1%, with significant declines in gold and petroleum stocks. Ascend Energy Group (02459) rebounded by 78% upon resumption of trading.
The newly released manufacturing PMI in the USA is lower than expected, once again triggering market concerns about economic recession. The three major stock indices in Hong Kong were under pressure all day, with the Hang Seng Index and the National Index falling by nearly 2% mid-day.
Express News | Tianfeng Securities: New energy and unmanned transportation will reshape the transportation pattern.
Hong Kong stocks have fluctuated | DiDa ride-hailing (02559) has risen more than 5% again. Adjusted net profit for the first half of the year increased by more than 50% year-on-year. It is currently widely used algorithm model.
Didi Chuxing (02559) rose more than 5% again, rising more than 50% at one point in the previous trading day. As of the time of writing, it is up 5.14%, at HKD 2.25, with a trading volume of HKD 1.3692 million.
Didi's 2024 mid-term performance conference review: in the second half of the year and future development, it will continue to deeply cultivate in four aspects.
Self-driving technology and Robotaxi have huge promotional significance for the development of Dida in terms of technology and approach.
Chinese Ridehailing Firm Dida's Shares Surge After Swing to Profit
Hong Kong stocks surged over 50% in intraday trading as Dida Travel's net profit for the first half of the year increased by 51.3% year-on-year. The number of registered users reached 0.368 billion.
On September 2nd, Dida Travel (2559.HK) soared sharply, with a temporary surge of over 50%, now trading at HKD 2.19, with a total market value of HKD 2.18 billion. Last Friday, the company announced after market close that its total revenue for the first half of the year was CNY 0.404 billion, a year-on-year increase of 2%; its adjusted net profit reached CNY 0.13 billion, a year-on-year increase of 51.3%. The announcement stated that thanks to the support of the light asset model, the company believes it can maintain strong and sustainable profitability. In addition, Dida Travel's gross profit and gross margin for the first half of the year reached CNY 0.296 billion and 73.3% respectively, consistently maintaining a higher gross margin than the industry average.
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