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Which Chinese Companies Are VIE and Will JD Delist Next After DiDi? – NewsBreak

News Snapshot:

The DiDi Global IPO in June 2021 raised more than $4 billion in an oversubscribed listing. The Chinese ride-hailing company adopted the VIE (variable interest entity) structure to allow it to list its stock in the U.S. but Chinese authorities didn’t bless the maneuver. Now DiDi plans to delist its U.S….

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