Didi Global President Jean Liu is relinquishing her roles as president and board director of China’s ride-hailing giant after almost a decade in the positions trib.al/clCCLtF

Uber announces plans to acquire Delivery Hero's Foodpanda business in Taiwan for $950M in an all-cash deal, expected to close in the first half of 2025 (Sarah Zheng / Bloomberg)

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SCOOP: Meituan is working to debut its food-delivery app in the Middle East with Riyadh as the first stop. Launch could come in months bloomberg.com/news/articles/… via Sarah Zheng Jane Zhang Bloomberg Technology

TSMC makes the world’s most advanced chips in Taiwan. Geopolitical shifts are pushing it to set up a new factory in the American desert.

It needs to bring its cutting-edge tech but also a notoriously harsh, military-style work culture to the U.S. 🧵
restofworld.org/2024/tsmc-ariz…

re: Shein being subject to Chinese regulatory approvals, helpful to reference this particular CSRC rule

Read our Big Take 👇🏼: At some point, is the reward really worth the risk?” Just a few years ago, Wall Street giants were all-in on China. The reality in 2024 is a lot more complex bloomberg.com/news/articles/… with cathy chan Sarah Zheng

New Yorker writer Evan Osnos wrote the book Age of Ambition during a period when China seemed to be at a crossroads. Xi accelerated the country down one path. This new article “Age of Malaise” is based on Osnos’ recent visit to China: newyorker.com/magazine/2023/…

China's ride-hailing giant Didi plans a HK listing next year, sources say; a comeback from an ill-fated New York IPO in 2021. It'll be a chance for SoftBank to recoup some of its losses from an estimated $11B investment

Scoop w/ Dong Cao Sarah Zheng & team

bloomberg.com/news/articles/…

China implements new AI regulations today as US politicians struggle with what to do about the technology. Beijing's rules try to balance state control with enough support its companies can compete globally. Here's what they say Sarah Zheng Jane Zhang
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late to this, but such an interesting story - when parents start swiping!

Sogou founder Wang Xiaochun sold his search engine company to Tencent 2 years ago. Now he's back with a generative AI startup, up against archrival Baidu once more.

Great story on who's who in China's ChatGPT gold rush by Jane Zhang & Sarah Zheng
shorturl.at/cdyGV

can someone do a listicle on the most surprising CEOs/KOLs who are subscribed to Twitter Blue

Didi unveiled a new autonomous concept car, complete with a robotic arm in its trunk, in its first big event since it was ordered to delist in the US back in 2021
bloomberg.com/news/articles/… with Jane Zhang