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Chinese regulators suggested Didi delay its U.S IPO: WSJ

Chinese regulators suggested Didi delay its U.S IPO: WSJ

(Reuters) – China’s cybersecurity watchdog suggested Didi Global Inc delay its initial public offering and urged it to review its network security, weeks before the Chinese ride-hailing giant went public, the Wall Street Journal reported on Monday, citing people familiar with the matter. It isn’t known whether Didi carried out its own review, according to the WSJ report. [https://on.wsj.com/3jKuGWx] But a person close to the company told the newspaper the company ultimately decided to go… Source link

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