Didi shareholders approve delisting from NYSE
The company said that around 96% of the shareholders agreed with the plan
By Shubhangi Mathur
Published - May 23, 2022, 07:16 PM ET
Last Updated - Feb 28, 2024, 02:09 PM EST
• The company said that around 96% of the shareholders agreed with the plan
Chinese ride-hailing company Didi Global Inc (NYSE: DIDI) said its shareholders approved the plan to delist from the New York Stock Exchange, less than a year after the company listed its shares in the US.
This comes after the Chinese regulators’ crackdown on the tech companies in the country.
The company said that around 96% of the shareholders agreed with the plan to delist from NYSE adding that it won’t apply to list its shares on another exchange until the probe in China is complete.