Didi Global pushed into the red by China crackdown

Ride-hailing company posts $4.8bn quarterly loss as rivals circle

CISSY ZHOU, Nikkei staff writer

HONG KONG -- Embattled Chinese ride-hailing leader Didi Global fell into the red last quarter under pressure from the regulatory crackdown that followed its $4.4 billion initial public offering in the U.S. last June.

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