Promoting US-China Friendship | California USA
![Didi logo on a building at its headquarters in Beijing, China [CGTN-CFP]](https://i0.wp.com/usachinatrading.com/wp-content/uploads/2021/07/Didi-logo-on-a-building-at-its-headquarters-in-Beijing-China-June-15-2021-CGTN-CFP.jpg?resize=525%2C296&ssl=1){kind=logo}
China’s Cyber Security Review Office on Friday initiated an investigation into the country’s ride-hailing giant DiDi Chuxing on national data security, national security and public interest concerns. New user registration applications will not be accepted until the review comes to an end to avert further risks, the office said. Continue reading “China launches cybersecurity review into ride-hailing company Didi Chuxing”
![Didi closes up 1% in debut on New York exchange [SHINE]](https://i0.wp.com/usachinatrading.com/wp-content/uploads/2021/07/Didi-closes-up-1-in-debut-on-New-York-exchange-SHINE.jpg?resize=525%2C350&ssl=1)
Ride-hailing giant Didi closed up 1 percent on its New York Stock Exchange debut on Wednesday as investors saw potential in autonomous driving and the economies of scale of mobility services. Didi raised US$4.4 billion after it put its price at the upper limit of the offering range of between US$13 and US$14 in one of this year’s largest IPOs, and became one of the 10 most valuable Chinese tech companies alongside Alibaba and Tencent. Continue reading “Didi closes up 1% in debut on New York Exchange”