Didi gave no explanation, but China's leaders increasingly fret about who controls information gathered about its public by e-commerce, ride-hailing and other tech companies.
China’s dominant ride-hailing service, Didi Global Inc., said Friday it will pull out of the New York Stock Exchange and shift its share trading to Hong Kong
Beijing, Dec 4:China’s dominant ride-hailing service, Didi Global Inc., has said it will pull out of the New York Stock Exchange and shift its share trading to Hong Kong as the ruling Communist Party tightens control over tech industries. Didi gave no explanation, but China’s leaders increasingly fret about who controls information gathered about its public by e-commerce, ride-hailing and other tech companies. Beijing sees that as a valuable asset and security risk. Regulators said in July they would step […]