Hong Kong

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

11 days ago   |   By Business Insider

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...
Read more ...

 


Search by Tags

   Hong Kong      New York      China      Markets      Didi      Didi Chuxing      National Security      Shares      ADR      NYSE      Insider asia  


How to change your Google Assistant settings to personalize how the AI...

Android offers Google Assistant settings that aren't available on iOS or iPadOS. Karl Tapales/Getty Images Google Assistant settings can be configured whether you use an... Read more ...

Mark Meadows says Trump was never more 'despondent' than when the Supreme...

Former President Donald Trump. AP Photo/Evan Vucci Mark Meadows said Trump was "despondent" when the Supreme Court tossed out Texas' election lawsuit. The suit was a brazen and... Read more ...

US Air Force secretary says the service needs to get rid of aircraft that...

US Air Force The US Air Force secretary has said repeatedly the US needs to get rid of old aircraft to hone capabilities that 'scare China.' "If it doesn't threaten China, why... Read more ...

Instagram's algorithm directly connects teens to 'drug dealers selling...

Instagram promoted hashtags related to the buying of illegal substances to users as young as 13, according to new research. KIRILL KUDRYAVTSEV/Getty Images Instagram... Read more ...

Shrines, Seafood and Island Hopping: Get to Know the Philippines' Cebu and...

Shrines, Seafood and Island Hopping: Get to Know the Philippines' Cebu and Mactan Islands

Once ruled by Tamil kings, Cebu has given its name to a city, an island, a province - and a tropical paradise. Travelers bound for Cebu can get a touch of everything that makes... Read more ...

These TSA-Approved Sizes Of Your Favorite Toiletries Will Make Traveling A...

These TSA-Approved Sizes Of Your Favorite Toiletries Will Make Traveling A Breeze

All of your lotions, perfumes, styling tools and more are shrunk down to TSA-approved proportions. Read more ...

The Ultimate Travel Accessories For Packing Like A Pro

The Ultimate Travel Accessories For Packing Like A Pro

We talk strategy, must-have items, packing tips and more with some seriously seasoned travelers. Read more ...

Elon Musk says civilization will crumble if more people don't have more...

Elon Musk is sounding the alarm on the declining birth rate. Pool Elon Musk recently said the declining birth rate is one of the biggest risks to civilization. Experts have... Read more ...

'No One Is Talking About This' is a must-read in 2021 for anyone who can't...

Prices are accurate at the time of publication. "The New York Times" named Patricia Lockwood's "No One Is Talking About This" one of the best books of 2021. Here's why it might... Read more ...

Compass CFO Kristen Ankerbrandt explains how the fast-growing brokerage...

Kazi Awal/Insider Kristen Ankerbrandt, Compass' chief financial officer Compass The CFO of Compass believes profits will catch up to the real-estate brokerage's rapid... Read more ...