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