Didi says had no knowledge of cyberspace investigation before IPO

HONGKONG – Didi World Inc says it had no information earlier than its $4.4 billion New York itemizing final week that China’s our on-line world administration would begin to examine the corporate and order its app be taken down over its dealing with of buyer information, based on an announcement.

“Previous to the IPO, Didi had no information of the CAC‘s selections, introduced on July 2 and July 4, 2021, with respect to the cybersecurity overview and suspension of recent consumer registrations in China, and the elimination of the Didi Chuxing app from the app shops in China, respectively,” the corporate advised Reuters on Monday.