Didi to exit NYSE on June 10 amid uncertainty about China restart

Group readies apps for relaunch but Beijing undecided on penalty for ride-hailer

20220609 Didi

Didi Global has been barred from signing up new customers for its ride-hailing services and other apps since last July.  © AP

CISSY ZHOU, Nikkei staff writer

HONG KONG -- Didi Global will trade on the New York Stock Exchange for the last time on Friday, ending a wild 11-month ride on the prestigious U.S. market while leaving investors in the lurch about its future direction.

Didi shareholders voted overwhelmingly to back the company's delisting plan on May 23 after the ride-hailing group said that Beijing officials had made clear that they would not lift a ban on adding new customers unless Didi first left the NYSE.

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