Chinese Uber Didi shares plummet 30 percent NY Stock Exchange - The shares of Didi, the Chinese Uber, plummet 30% on the New York Stock Exchange due to the suspension of the app in the Asian country.

The role of Chinese technology companies in terms of privacy is not an issue that affected only users from outside the Asian country. This is demonstrated by the recent suspension of the Didi transport app, the Chinese Uber, by the Xi Jinping government.

The Chinese regime ordered on Tuesday the ban of the Didi app for new users, as well as its download through online stores of mobile applications in that country. Users who already had it downloaded will be able to continue using it, for now.

Chinese Uber Didi shares plummet 30 percent NY Stock Exchange

The next day, on Wednesday, the company debuted on the New York Stock Exchange through its subsidiary Didi Global with a previously estimated capitalization of about 67,000 million dollars, although the earthquake of restrictions has caused its values to rapidly volatilize.

The share price was estimated at $ 14, but, finally, the company began its journey in New York reaching $ 80,000 in capitalization, 19% above the expected and with a price per share of $ 16.65.

However, the restrictions imposed by the Asian country had a rebound effect on the valuation of the company in the United States. Prior to its commercialization Didi Global has seen its shares lose about 30% of their value. A crash that resulted in 22,000 million euros less valuation on the stock market. At the time of writing, the share price had recovered to $ 15.5.

Chinese Uber Didi shares plummet 30 percent NY Stock Exchange

The Chinese Cyberspace Administration (CAC) accuses the Chinese tech company of breaking the rules regarding the protection of users ' data, although it has not specified which ones. However, Didi was warned. Authorities in the Asian country suggested that the company delay its IPO, the Wall Street Journal reported earlier this week.

The public body of the Asian giant announced that it had asked Didi to make changes to its app to comply with the regulations and thus prevent the data of millions of Chinese from falling into the hands of foreign companies.

In this way, the Chinese regime cuts the wings of what is called to be Uber's great rival internationally. Didi already has 600 million users and about 13,000 million workers spread throughout much of the world. The company operates in Southeast Asia, Australia, Brazil, Chile, China, Colombia, Japan and Mexico.

Chinese Uber Didi shares plummet 30 percent NY Stock Exchange

It remains to be seen how these two blows affect the Chinese car sharing company, a sector in which there are hardly a handful of companies worldwide, besides Didi and Uber: the American Lyft, the Singaporean Grab, the Spanish Cabify, the India Ola and few more.

Didi started trading in 2012, but it wasn't until the second half of 2020 that it became profitable, so some of its investors were craving its IPO to collect dividends.

Chinese Uber Didi shares plummet 30 percent NY Stock Exchange

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Telefónica launches more than 500 job offers with salaries of up to 196,000 euros and fixed contract

If you're looking for a job and have a computer-related profile, Telefónica could be your next employer.

The Spanish telecommunications company currently has a total of 506 active job offers for this month of July 2021. All of them accessible from your job portal.

The company is mostly looking for qualified profiles that have computer studies and previous experience, to work both in Spain and in countries around the world.

Specifically, Telefónica's more than 500 job offers mostly offer fixed contracts and salaries up to 196,000 euros.

At the national level, the city of Madrid, where the company's headquarters are located, is the one with the highest number of offers, with a total of 71 job vacancies, according to Noticias de trabajo. Barcelona, Valencia and Bilbao are other Spanish cities where Telefónica is also looking for employees.

As for positions abroad Telefónica also offers jobs in European cities such as London or Munich, but also in other parts of the world such as Argentina, Colombia or Chile.

The salary and working conditions of Telefónica employees depend on the responsibility they occupy and the time they have been in the organization, so it is not easy to determine a salary.

Although following the data released by sources such as Glassdoor, a project manager receives a salary of 50,964 euros gross per year, a software engineer earns 37,000 euros gross per year and a network engineer has a salary of between 23,000 and 40,000 gross per year, according to experience.

Another option is to read their collective agreement, published in the Official State Gazette (BOE), which includes the basic wages and working conditions of employees.

To register for Telefónica's job offers for this summer 2021, you must go to their job portal.

Once there, you can check all the available vacancies and see which one best fits your profile. One way to make it easier can be through your search engine, filtering by keyword (role) or by city.

To apply for a specific job offer, just click on the "apply now" button and follow the steps indicated. The first thing to do is to create a candidate profile on the portal.

Your application will reach the Human Resources team of the company and if you are selected they will contact you to carry out a job interview.