Didi Shares Plunge 25% After Beijing App Ban

Jul 6th 2021 7:10am EDT

Didi Shares Plunge 25% After Beijing App Ban China’s move to block Didi Chuxing Technology Co. from app stores just days after the ride-hailing giant’s U.S. IPO has resulted in a 22% plunge in shares U.S. premarket trade Tuesday.  Didi said on Monday that the Cyberspace Administration of China’s (CAC) ban on the app would have a […]

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