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Didi denies reports that Beijing city is coordinating companies to invest in it | Malay Mail

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BEIJING, Sept 4 — China’s ride hailing giant Didi Global Inc said today that media reports that the Beijing city government is coordinating companies to invest in it are not correct. “Didi is currently actively and fully cooperating with cybersecurity probe, foreign media reports that Beijing...

BEIJING, Sept 4 — China’s ride hailing giant Didi Global Inc said today that media reports that the Beijing city government is coordinating companies to invest in it are not correct.

Bloomberg News reported yesterday, citing unidentified people familiar with the matter, that China’s capital city was considering taking Didi under state control and had proposed that government-run firms invest in it.

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