The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

China presses Didi Chuxing to delist from NYSE over data security frets

News Snapshot:

Didi Chuxing Technology Co., the Beijing-headquartered transport company that transforms itself into a Chinese ride-hailing giant having had 550 million users and tens of millions of drivers in less than a decade , had been facing off steep pressures from Chinese regulators to engineer a plan to delist from US capital market over frets of potential data breach, a press agency report had unmasked on Friday’s morning US trading hours citing two unnamed people familiar with the subject-matter. On top of that, followed by the release of media topline, shares’ prices of US-listed Didi Global Inc., a subsidiary of the…

Other China Tech Buzz: