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DiDi Global in state of flux as China delays probe result: report (NYSE:DIDI) – Tribunal Inquiry

April 22, 2022
Source: tribunalinquiry.com tribunalinquiry.com
News Snapshot:
Sundry Photography/iStock Editorial via Getty Images 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 set to be taken against DiDi this month, but officials have said they are “not satisfied” with the potential infractions and have...
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