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Didi chuxing technology co. (stylized didi, chinese: 滴滴出行; pinyin: dīdī chūxíng, pronounced [tɨ́tɨ́ ʈʂʰúɕɪ̌ŋ]), formerly named didi dache (嘀嘀打车) and didi kuaidi (chinese: 滴滴快的), is a chinese vehicle for hire company headquartered in beijing with over 550 million users and tens of millions of drivers. Find the latest didi global inc. (didi) stock quote, history, news and other vital information to help you with your stock trading and investing. Didi's share price sank 22% on friday, having initially climbed as much as 14% in u.s. premarket trading. didi says it plans to delist from the new york stock exchange "immediately." the chinese. Didi ran afoul of chinese authorities by pushing ahead with its $4.4 billion u.s. ipo in july despite being asked to put it on hold while a review of its data practices was conducted. the company. Chinese regulators have asked didi to come up with a plan to delist from the new york stock exchange in the u.s., according to a bloomberg report. shares of the ride hailing giant sank nearly 5%.
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Didi chuxing, a $39 billion company that is china’s answer to uber, on friday said that it would delist its shares from the new york stock exchange. just six months ago didi was a wall street. Didi is planning to proceed with a hong kong listing soon and is not looking at being taken private, sources with knowledge of the matter told reuters. it aims to complete a dual primary listing. Didi global ( nyse:didi), china's largest ride hailing company, went public five months ago at $14 per share. today, it trades at less than $8. its decline was caused by an abrupt government.
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