China Ride-Hailing Giant Didi Sinks on Delisting Plans, Revenue Drop

Didi, a major ride-hailing company in China, faced significant challenges after its IPO due to regulatory concerns over data security. Pressured to delist from New York, Didi aimed to relist in Hong Kong but struggled with ongoing issues. The company's stock value plummeted, and it faces difficulties in securing a new listing while addressing regulatory demands and shareholder concerns.

What was the primary reason for Didi's trouble with Chinese regulators after its IPO?

• Financial mismanagement

• Data security practices

• Unethical business practices

• Poor customer service

What was Didi's plan for its shares after being pressed to delist from New York?

• Relist in London

• Relist in Hong Kong

• Sell shares to a private investor

• Merge with Uber

How did Didi's share price change from its IPO to the current situation?

• Remained stable at $14

• Increased from $2 to $14

• Decreased from $14 to $2

• Increased from $14 to $20

What is one of the key issues Didi needs to resolve before relisting in Hong Kong?

• Reducing operational costs

• Improving customer service

• Securing proper licenses

• Expanding to new markets

What is the main problem for Didi's shareholders due to the delisting from the US?

• Loss of dividends

• Access to more markets

• Lack of a trading platform

• Increased share value