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China’s Senior Officials Ask for Revisions to Didi Global’s Penalties

By
Juro Osawa
· · Source: Bloomberg

China’s senior officials have objected to proposed punishments for Didi Global submitted by the country’s internet regulator and asked for revisions, creating more uncertainties in the troubled ride-hailing giant’s future plans, Bloomberg reported. Last weekend, Didi said it would hold a shareholder vote on May 23 to approve its delisting from the New York Stock Exchange. The company has no...

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