China reportedly weighs ‘unprecedented’ penalties for Didi after US IPO


Source: nypost.com nypost.com

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More On: ride sharing China’s cyber-watchdog sends authorities to Didi as it amps up probe China investigates Didi over cybersecurity days after its huge IPO ‘Chinese Uber’ Didi valued at $80B in US IPO as shares soar ‘Chinese Uber’ Didi targeting $60B valuation in US IPO amid antitrust concerns China is reportedly weighing “unprecedented” penalties for Didi after the ride-sharing giant went public in the US in June despite a crackdown from its home country’s cybersecurity regulator. China’s government may forcibly introduce a state-owned investor to the company’s board or force Didi — popularly known as the “Chinese Uber” —...