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China asks Didi to delist from U.S. on security fears

by Mike Robinson

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© Reuters. FILE PHOTO – The Didi app logo, a Chinese ride-hailing company, is seen on a magnifying lens. It shows binary numbers in the illustration taken July 7, 2021. REUTERS/Florence Lo/Illustration

(Reuters] – Chinese regulators have asked Didi Global Inc top executives to come up with a plan for delisting from U.S. bourses in response to security fears. Bloomberg News reported this Friday.

China’s tech watchdog has asked the New York Stock Exchange to remove the company because it fears leakage of sensitive information.

Didi didn’t respond to Reuters’ request for comment.

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