Topics: Didi• Antitrust• Data Regulation• Didi's $1.2 Billion Penalty and the Global 5% Upper Bound Last week, the embattled Didi stock had arguably its best week ever since its IPO last July, notching a 20% weekly gain. Why? Because it was fined $1.2 billion by the Cyberspace Administration of China (CAC) for its egregiously poor data privacy and
Topics: Didi• IPO• Take Didi Private If Disney builds a new rollercoaster using Didi’s stock chart from the last four weeks, it will surely be one of its most head-spinning, vomit-inducing rides yet. With so much volatility around all Chinese stocks, but Didi’s in particular, it
Topics: Didi• ByteDance• Baidu• February 21, 2021: Didi in Mexico Part II; ByteDance’s Censorship Machine Hello Interconnected Readers: Didi’s expansion plan in Mexico seems to follow me around (or perhaps I’m the one doing the following). I’ve been spending the last few days in a city north of Mexico City in the Bajio region, Queretaro [https:
Topics: Mexico• Didi• Rappi• February 14, 2021: Didi in Mexico vs Rappi and Uber Eats Hello Interconnected Readers: I’ve been battling a stomach infection this week (finally got antibiotics and trending in the right direction), so I will keep this issue brief but hopefully still interesting, with some on the ground observations about tech in Mexico. As my