Tongcheng Nears Completion Of Dida Takeover - WeRide (NASDAQ:WRD), Pony AI (NASDAQ:PONY)
According to Bamboo Works, about 52% of Dida’s shareholders agreed to sell their shares to Tongcheng, an online travel agent. The deal would give Tongcheng access to Dida’s market and Tongcheng’s 250 million registered users. Dida reported revenue down 36.2% to 502 million yuan and a stock drop since its 2024 IPO.


