Didi Global, China ride-hailing giant, reveals it faces an SEC probe about its NYSE IPO, on top of Beijing’s scrutiny and looming delisting

//Didi Global, China ride-hailing giant, reveals it faces an SEC probe about its NYSE IPO, on top of Beijing’s scrutiny and looming delisting

Didi Global, China ride-hailing giant, reveals it faces an SEC probe about its NYSE IPO, on top of Beijing’s scrutiny and looming delisting

The Chinese ride-hailing giant revealed in its annual report filed on Tuesday that it faces a probe by the US stock-market watchdog concerning its US$4.4 billion initial public offering last summer. The revelation adds to woes including a cybersecurity investigation and potential NYSE delisting.

Article by [author-name] (c) Business - South China Morning Post - Read full story here.

By | 2022-05-04T06:04:22+00:00 May 4th, 2022|Business|Comments Off on Didi Global, China ride-hailing giant, reveals it faces an SEC probe about its NYSE IPO, on top of Beijing’s scrutiny and looming delisting