US securities regulator probes Chinese giant Didi Global's $4.4 billion IPO
US Securities Exchange Commission (SEC) is investigating Chinese ride-hailing giant Didi Global Inc (NYSE: DIDI) over its $4.4 billion initial public offering on the New York Stock Exchange in June last year
By Arghyadeep Dutta
Published - May 03, 2022, 10:58 PM ET
Last Updated - Feb 26, 2024, 06:50 AM EST
• Didi shareholders will vote on May 23 on delisting NYSE ADRs
• China’s Uber said it is cooperating with SEC
US Securities Exchange Commission (SEC) is investigating Chinese ride-hailing giant Didi Global Inc (NYSE: DIDI) over its $4.4 billion initial public offering on the New York Stock Exchange in June last year.
Didi, in its annual filing on Monday, said that the company was cooperating with the US securities regulator’s probe and mentioned that it is “subject to strict compliance” with Chinese law.
