Ride-hailing drivers in Mexico are potentially getting access to social security benefits if they drive for either Uber, DiDi Global or Rappi, a first for gig economy workers in the country. In a joint release received by PYMNTS, the proposed social security benefits would cover...
Ride-hailing and food delivery platform Didi could be hit with fines exceeding $1 billion following a probe by Chinese regulators that lasted over a year and forced the company to stop adding new users. Once the penalty is officially announced, Didi will be able to...
The payments division of ride-sharing and food delivery firm Didi was hit with 4.27 million yuan ($632,170) in fines on Friday (July 15) by the People’s Bank of China, Reuters reported, citing a notice from the central bank. Didi’s payments division was fined for 12...
Today is Wednesday, May 4 — May the 4th be with you. That reference from Star Wars dates to 1978 and became a worldwide cultural phenomenon. Fast forward 44 years and Star Wars has a firm footing in the metaverse with the $180 trillion gaming...
July 06, 2021
In what appears to be an increasingly common show of might, Chinese government regulators have again clamped down domestically on a high-profile, publicly-traded company, despite its prominent name recognition and deep roster of foreign investors. The weekend move by the Cyberspace Administration of China that ordered local app-store operators to remove the rideshare giant DiDi Global […]
January 18, 2023
China is reportedly launching a state-owned ride-hailing app. The launch of Strong Nation Transport signals that China aims to be involved in the tech industry even as it eases an earlier crackdown on giants in the sector, the Financial Times reported Wednesday (Jan. 18). The new Strong Nation Transport app will initially be available to […]
November 23, 2022
Ride-hailing drivers in Mexico are potentially getting access to social security benefits if they drive for either Uber, DiDi Global or Rappi, a first for gig economy workers in the...
July 19, 2022
Ride-hailing and food delivery platform Didi could be hit with fines exceeding $1 billion following a probe by Chinese regulators that lasted over a year and forced the company to...
July 15, 2022
The payments division of ride-sharing and food delivery firm Didi was hit with 4.27 million yuan ($632,170) in fines on Friday (July 15) by the People’s Bank of China, Reuters...
