Didi shares slump as much as 25% as China crackdown dents sentiment By Reuters
By Scott Murdoch and Thyagaraju Adinarayan HONG KONG/LONDON (Reuters) -Didi Global Inc shares slumped as much as 25% in U.S. pre-market trade on Tuesday, ahead of its first session since Chinese regulators ordered the company's app be taken down days after its $4.4 billion listing on the New York Stock Exchange. The ride-hailing giant's app was ordered to be removed from mobile app stores in China on Sunday by the Cyberspace Administration of China (CAC) which followed an official investigation into the company's handling of customer data. The U.S. market was closed on Monday for the...
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