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Didi Global in state of flux as China delays probe result: report

April 21, 2022
Source: seekingalpha.com seekingalpha.com
News Snapshot:
DiDi Global in state of flux as China delays probe result: report [DiDi Global Inc. (DIDI)] [By: Chris Ciaccia] , SA News Editor [3 Comments] DiDi Global (NYSE: DIDI ) is in a state of flux after some senior Chinese officials have delayed potential punishments on the firm that have been put forth by the country's cybersecurity regulator, Bloomberg reported . Citing people familiar with the matter, DiDi (DIDI) has spoken to the Cyberspace Administration of China about a fine and other levies after it had its initial public offering last year in the U.S., despite objections. The actions were...
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