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A top Chinese ride-hailing company delists from the NYSE just months after its IPO

December 4, 2021
Source: knpr.org knpr.org
News Snapshot:
1289 S. Torrey Pines Dr.Las Vegas, NV 89146 Main Number: 1-702-258-9895Toll Free:1-888-258-9895 More contact info member station Support The ride-hailing company Didi says it has about 600 million users, theoretically giving the company access to the addresses and travel history of many government employees who use the app. BEIJING – The Chinese ride-hailing platform Didi Chuxing says it will delist from the New York Stock Exchange and instead move to the Hong Kong Stock Exchange after coming under intense Chinese regulatory scrutiny. The announcement reflects the rapid reversal in the transportation company's fortunes as China goes on a regulatory blitz...
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