06-12-2021 11:58 via telecoms.com

A look at China’s tech crackdown and its wider implications

Didi’s delisting from New York offers a case study of China’s more assertive approach towards the country’s big tech and the ramifications that go far beyond its borders.
Only months after its fanfare-less IPO on NYSE, Didi Chuxing, China’s answer to Uber, announced on Friday that it would start the process to delist from the New York bourse and move to go public in Hong Kong instead. Didi has been under an inter-departmental investigation by the Chinese authorities, whic
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