BEIJING -- Didi Global, China's largest ride-hailing operator, closed 11% higher in New York Thursday on a U.S. media report that it is considering delisting from the New York Stock Exchange barely a month after its IPO as Chinese regulators turn up the pressure on the company.
The Wall Street Journal said a tender offer for Didi's publicly traded shares is among the options on the table amid "discussions with bankers, regulators and key investors about how it could resolve some of the problems that emerged" after the June 30 initial public offering.