Didi Global's rapid ride from IPO star to regulatory target - NewsBreak

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By Vivian in Business
Updated 3 years ago

BEIJING, Sept 3 (Reuters) - Didi Global (DIDI.N) has highlighted the perils of investing in Chinese tech companies as a deepening regulatory crackdown wiped billions of dollars off the ride-hailing giant's valuation. Less than three months after pulling off one of the largest U.S. initial public offerings (IPOs) of the...

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