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Chinese Ride-Hailing Giant Didi Could Get State Investment

September 4, 2021
Source: eprimefeed.com eprimefeed.com
News Snapshot:
Chinese state investors are looking to take an ownership stake in ride-hailing giant Didi Global Inc., months after regulators punished the company with restrictions and made it one of the highest-profile casualties of China’s toughening stance on tech. The municipal government in Beijing is coordinating a proposed investment by a consortium of state-backed companies that includes a competing ride-hailing service, a person familiar with the matter said. Source: https://www.wsj.com/
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Tags: Beijing | Chinese | Didi | Giant | government | investment | IT | ride-hailing | service | technology

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