DIDI - DIDI STOCK NEWS

DiDi Global Inc. has announced its decision to delist its American Depositary Shares (ADSs) from the New York Stock Exchange (NYSE). The company will file a Form 25 with the U.S. Securities and Exchange Commission on or after June 2, 2022, with delisting expected ten days thereafter. This move follows ongoing challenges the company faces. For further details, refer to the Form 6-K filed on May 11, 2022.

DiDi is a leading mobility technology platform, offering a variety of services across Asia Pacific, Latin America, and beyond.

DiDi Global Inc. (NYSE: DIDI), a leading mobility technology platform, announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the Securities and Exchange Commission on May 2, 2022. The report includes audited consolidated financial statements and is accessible on the company’s investor relations website. DiDi operates diverse app-based services across Asia Pacific, Latin America, and other global markets, providing ride hailing, food delivery, and more.

DiDi Global Inc. (NYSE: DIDI) has appointed Ms. Fengxia Liang as a new director of its board, replacing Mr. Martin Chi Ping Lau, who has resigned. Liang is currently the Associate General Counsel at Tencent Holdings and has extensive experience in law and M&A. The company expressed gratitude for Lau's contributions during his tenure. DiDi is a leading mobility technology platform providing diverse services worldwide, including ride-hailing, food delivery, and auto solutions.

DiDi Global Inc. (NYSE: DIDI) announced an extraordinary general meeting of shareholders (EGM) on May 23, 2022, at 7:00 p.m. Beijing Time. The Board has authorized a vote on the voluntary delisting of its American Depositary Shares from the New York Stock Exchange as part of its cooperation with a cybersecurity review in China. The record date for attendance at the EGM is set for April 28, 2022. Following delisting, trading on OTC Pink Sheets will depend on shareholders' actions. DiDi remains open to future listings on other exchanges.

DiDi Global Inc. (NYSE: DIDI) reported its unaudited condensed financial results for Q4 2021, showing total revenues of RMB 40.8 billion (US$ 6.4 billion), a decrease from RMB 46.7 billion in Q4 2020. The Company recorded a net loss of RMB 383 million (US$ 60 million) attributable to ordinary shareholders. Adjusted EBITA (Non-GAAP) registered a loss of RMB 3.9 billion (US$ 0.6 billion). The China Mobility segment contributed RMB 37.5 billion (US$ 5.9 billion) to revenues. Core Platform Gross Transaction Value reached RMB 67.2 billion (US$ 10.5 billion) during the quarter.

DiDi Global Inc. (NYSE: DIDI) has appointed Yi Zhang to its board of directors, replacing Daniel Yong Zhang, who has resigned. Yi Zhang, formerly Senior Legal Director at Alibaba Group, brings extensive legal expertise and a strong academic background, having earned degrees from Renmin University of China, Columbia University, and Cornell Law School. The company expresses gratitude for Daniel Yong Zhang's contributions during his tenure. DiDi continues to be a leading mobility technology platform, offering diverse services across multiple regions worldwide.

DiDi Global Inc. (NYSE: DIDI) reported its unaudited financial results for Q2 and Q3 2021, revealing total revenues of RMB 48.2 billion and RMB 42.7 billion, respectively. The net losses were significant, with RMB 24.4 billion for Q2 and RMB 30.6 billion for Q3, primarily attributed to rising costs, including a RMB 20.8 billion investment loss in Q3. The company plans to delist from NYSE and pursue a listing on the Hong Kong Stock Exchange. Total assets reached RMB 155.8 billion by September 30, 2021, demonstrating considerable liquidity despite ongoing operational losses.

DiDi Global Inc. (NYSE: DIDI) has announced its board's support for delisting its American Depositary Shares (ADSs) from the New York Stock Exchange. The company will ensure that ADS holders can convert their shares into freely tradable shares on another recognized stock exchange of their choice. A shareholders meeting will be organized to vote on this matter. Additionally, DiDi is pursuing a listing of its class A ordinary shares on the Hong Kong Stock Exchange.

DiDi Global Inc. (NYSE: DIDI) announced that the Cyberspace Administration of China (CAC) confirmed serious violations regarding the collection of personal information by 25 of its apps. As a result, these apps are to be removed from app stores in China, potentially impacting DiDi's revenue. The CAC mandated strict compliance with PRC laws to rectify these issues. DiDi, a leading mobility technology platform, operates across multiple regions including Asia Pacific and Latin America, offering services like ride hailing, food delivery, and financial solutions.