Chinese ride-hailing giant Didi investigated by SEC after U.S. IPO
Didi stated in its annual report, that the U.S. Securities and Exchange Commission is investigating. After Didi’s U.S. IPO in 2013, the SEC began investigating.
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U.S. Securities and Exchange Commission (USSEC) is currently investigating DidiThis added pressure to the Chinese ride-hailing leader is evident after their ruined initial public offer.
Didi claimed in the SEC’s latest annual report published Monday that they had reached out to it following the company going public. Didi stated that the SEC made inquiries about the offer.
“We cooperate with the investigation. We will strictly comply with relevant PRC laws, regulations and rules. It is impossible to predict what will happen or the outcome of this investigation.