Carpooling specialist files plan for Hong Kong IPO, even as its losses swelled in the first half of 2020 during the pandemic

China’s ride-hailing services giant under less pressure to conduct an IPO than Western peers, but reckoning could come next year

SoftBank’s write-downs show peril for private equity investors after WeWork IPO fiasco, plunging share values for Uber and Lyft, and safety crises at Airbnb and Didi Chuxing

Global expansion by service operators caters to millions of Chinese traveling abroad