Shares of Didi on the Rise Following Report of Beijing Takeover Shares of Didi (NYSE: DIDI) jumped this week, amid reports that the Chinese government may be mulling a plan to take control of the plagued ride-hailing company. According to Bloomberg, which cited individuals familiar with the matter, Beijing is apparently in the midst of devising a plan to take control of Didi, by acquiring a stake in the ride-hailing firm via a number of government-backed companies. The government’s proposal suggests that Beijing Tourism Group, as well as several other state-owned companies, would invest in Didi, which could subsequently grant...