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The Wall Street Publication > Blog > Tech > Didi Global’s Revenue Falls 12.7% Amid Preparations for U.S. Delisting
Tech

Didi Global’s Revenue Falls 12.7% Amid Preparations for U.S. Delisting

Editorial Board Published April 17, 2022
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Didi Global’s Revenue Falls 12.7% Amid Preparations for U.S. Delisting
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Didi Global Inc. said Saturday its fourth-quarter revenue fell 12.7% from the same period a year earlier as the ride-hailing firm, under a cybersecurity investigation by Chinese regulators, prepares to delist from the New York Stock Exchange.

The Chinese ride-hailing company, based in Beijing, separately said it would hold a shareholders meeting May 23 to vote on its delisting from the NYSE. To cooperate with the continuing cybersecurity probe, Didi said, it won’t seek a public listing elsewhere before the U.S. delisting is completed.

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