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InvestmentsChina asks Didi to delist from U.S. on security fears

China asks Didi to delist from U.S. on security fears


© Reuters. FILE PHOTO: The app emblem of Chinese ride-hailing big Didi is seen by way of a magnifying glass on a pc display screen displaying binary digits on this illustration image taken July 7, 2021. REUTERS/Florence Lo/Illustration

(Reuters) – Chinese regulators have requested high executives of journey hailing big Didi Global Inc to devise a plan to delist from U.S. bourses on Security fears, Bloomberg News reported on Friday.

China’s tech watchdog desires the administration to take the corporate off New York Stock Exchange owing to issues about leakage of delicate knowledge, the report mentioned, mentioned citing individuals accustomed to the matter.

Didi didn’t reply to a Reuters request for a remark.

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