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DiDi Global Gets a Lifeline From Chinese Regulators — DIDI Stock Forecast

June 7, 2022
Source: marketrealist.com marketrealist.com
News Snapshot:
DiDi Global Gets a Lifeline From Chinese Regulators — DIDI Stock Forecast After going public in July 2021, DiDi Global, Inc. (DIDI) got hit with a seemingly insurmountable regulatory hurdle. The Chinese government stopped the DiDi rideshare app from accepting new users just one day after the stock went public in the U.S., which caused an ongoing plunge in share price. Now, China appears to be easing up and DIDI stock may be getting a lifeline. Here’s what to know about where DiDi stands with the Chinese government, plus a forecast for DIDI stock now that the company may be...
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Tags: alliance | Antitrust | app | blocking | Business | China | Chinese | data | Didi | electric vehicle | environment | EV | government | international | ipo | IT | LED | listings | New York | New York Stock Exchange | news | rideshare | stock exchange | stocks | technology

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