Didi, bowing to Chinese pressure, to delist from NYSE

Ride-hailing giant to switch to Hong Kong listing amid official unhappiness over its US initial public offering

05 December 2021 - 00:00 By Reuters

Just five months after its debut, ride-hailing giant Didi Global said it plans to withdraw from the New York Stock Exchange and pursue a Hong Kong listing, a stunning reversal as it bends to Chinese regulators angered by its US initial public offering (IPO)...

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