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China has asked ride-hailing giant Didi to delist from the US due to data security fears, report says

9 days ago   |   By

Chinese ride-hailing app Didi Global raised $4.4 billion in its debut on the New York Stock Exchange. BRENDAN MCDERMID/Reuters
China's tech watchdog wants Didi to be taken off the NYSE due to concerns about data security.
Proposals under consideration include a straight-up privatization or a share float in Hong Kong.
Didi went ahead with its US listing in June despite Chinese authorities urging the company to put it on hold.
Chinese regulators have asked top executives of ride-hailing giant Didi Global Inc to devise a plan to delist from US bourses on data security fears, Bloomberg News...
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