Didi halts plans to launch its robotaxis in the UK and Europe

Didi has decided to halt its plans to deploy robotaxis across the UK and Western Europe.

The Chinese tech giant intended to offer its services in major cities around the region as part of significant expansion plans.

While it hasn’t disclosed the reason for its decision, it likely has something to do with the increased pressure it’s facing from both Beijing and Western governments.

Didi has been targeted by Chinese authorities following its $4.4 billion...

Di-nied: Chinese ride-hailing giant DiDi denies it’s going private

Chinese ride-hailing giant DiDi has denied a report that it’s considering going private to appease the country’s authorities.

Shares in DiDi (DIDI) spiked by around eight percent following the report from the Wall Street Journal as investors bet on a smoother ride for DiDi going forward.

DiDi, which is backed by Apple, has been targeted by Chinese authorities following its $4.4 billion listing on the New York Stock Exchange (NYSE).

Earlier this month,...