Intellasia East Asia News – China asks Didi to delist from US on security fears-Bloomberg News

Chinese regulators have asked top executives of ride hailing giant Didi Global Inc (DIDI.N) to devise a plan to delist from US bourses on Security fears, Bloomberg News reported on Friday.

China’s tech watchdog wants the management to take the company off New York Stock Exchange owing to concerns about leakage of sensitive data, the report said, said citing people familiar with the matter.

Didi did not respond to a Reuters request for a comment.

https://www.reuters.com/world/china/china-asks-didi-delist-us-security-fears-bloomberg-news-2021-11-26/

 

Category: China


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