share this article!

Southeast Asia is a region in Southeast Asia.

Indonesia
Singapore\sMalaysia
Vietnam\sThailand
Philippines
Myanmar

India

Greater China is a term used to describe a

Asia’s rest

World

Internet Economy & E-Commerce

Technology

Infrastructure and Real Estate

Services in the Financial Sector

Infrastructure for Social Development

According to a source, Chinese regulators advised Didi to postpone its IPO in the United States.
The Didi Chuxing ride hailing company’s emblem is shown on a car door in Beijing, China, on October 18, 2018. Thomas Peter/Thomas Peter/Thomas Peter/Thomas Peter/Thomas Peter/

Reuters, 6 July 2021

The Wall Street Journal reported on Monday that China’s cybersecurity watchdog proposed Didi Global Inc delay its initial public offering and encouraged it to assess its network security, weeks before the Chinese ride-hailing giant went public.

To continue reading our free content, create an account.
Register
Do you already have a login? Here is where you may log in.

Didi

Every day, you’ll receive articles like these in your email.

Sign up for The Daily Brief, our daily newsletter.
Register for the Newsletter

Related Articles

Didi, China’s ride-hailing company, believes the removal of its app could affect revenue.

Didi reported $6.5 billion in revenue for the three months ending March 31 in a June filing.

Regulations & Policy
In China, the DiDi app has been stopped due to allegations of unlawful data collecting from users.

Didi has announced that it would no longer be accepting new users.

Regulations & Policy
China is looking at Didi’s cyber security just days after its massive IPO.

During the inquiry, Didi is not allowed to register new users, according to the regulator’s website.

Markets & Initial Public Offerings
Didi Global, a Chinese company, will be included in S&P Dow Jones’ global equity indexes.

Didi will be included in FTSE Russell’s global equity indices, the company announced earlier this week.

To continue reading our free content, create an account.

If you don’t want to get The Daily Brief in your inbox every day, unsubscribe.

REGISTER

Do you already have a login? Here is where you may log in./nRead More

share this article!