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DiDi Aims To Relaunch Apps In China: Report

Source: yahoo.com yahoo.com
News Snapshot:

DiDi Aims To Relaunch Apps In China: Report – Oops!Something went wrong.Please try again later. Uber Technologies (NYSE: [UBER] ) counterpart DiDi Global Inc (NYSE: [DIDI] ) aims to relaunch its ride-hailing and other apps in China by 2021 end betting on the completion of the Chinese regulatory investigation, [Reuters reports] . DiDi officials expect the finalization of regulatory penalties by December. DiDi has set aside 10 billion yuan ($1.6 billion) for a potential fine. DiDi called the Reuters story "pure hearsay with no grounds in fact." A fine of as much as $1.6 billion would represent 7% of Didi's…

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