• Latest
  • Trending
  • All
  • Lifestyle & Entertainment
Didi has scheduled a shareholder meeting for May 23 to vote on delisting plans in the United States

Didi has scheduled a shareholder meeting for May 23 to vote on delisting plans in the United States

April 17, 2022
Joe Jonas and Sophie Turner Reunite With Nick Jonas and Priyanka Chopra

Joe Jonas and Sophie Turner Reunite With Nick Jonas and Priyanka Chopra

May 18, 2022
‘Fast X ’: Cast, Release Date, and More

Is Fast And Furious 10 coming?

May 18, 2022
Have you heard of 1917?

Have you heard of 1917?

May 18, 2022
Black Panther Chadwick Boseman’s Brother Joins ‘Recast T’Challa’ Campaign, Read more

Heard of: Black Panther Wakanda Forever?

May 18, 2022
Daniel Radcliffe Jokes That He Was “Intimacy Coach” During Sandra Bullock’s Sexy Scenes

Everything you need to know about: The Lost City

May 17, 2022
Stormi Jenner joins Kylie Jenner and Travis Scott on the Billboard Music Awards red carpet

Stormi Jenner joins Kylie Jenner and Travis Scott on the Billboard Music Awards red carpet

May 17, 2022
Justice League Oscar win is subject to rigging claims, but Academy defends it

Is there delay in The Flash?

May 17, 2022
See Kourtney Kardashian and Travis Barker’s Wedding Photos for the First Time

See Kourtney Kardashian and Travis Barker’s Wedding Photos for the First Time

May 17, 2022
According to Star, Warner Bros. removed Amber Heard scenes from Aquaman 2

Everything You Need To Know: Aquaman.

May 17, 2022
Will there be: Indiana Jones 5?

Will there be: Indiana Jones 5?

May 17, 2022
Amber Heard Claims That Her Aquaman 2 Role has reduced following her defamation trial with Johnny Depp

Amber Heard Claims That Her Aquaman 2 Role has reduced following her defamation trial with Johnny Depp

May 17, 2022
The Queen pays an unexpected visit to Paddington Station

The Queen pays an unexpected visit to Paddington Station

May 17, 2022
Retail
Wednesday, May 18, 2022
Contact Us
  • Home
  • World
  • Business
  • Lifestyle & Entertainment
  • Science & Technology
  • Horoscope
  • Korean
No Result
View All Result
The UBJ - United Business Journal
No Result
View All Result

Didi has scheduled a shareholder meeting for May 23 to vote on delisting plans in the United States

by Anjali Agrawal
April 17, 2022
in World
0
Didi has scheduled a shareholder meeting for May 23 to vote on delisting plans in the United States

Didi Global Inc (DIDI.N) announced in a statement on Saturday that it will convene an extraordinary general meeting (EGM) on May 23 to vote on its delisting plans in the United States.

The company also stated that it will not apply to list its shares on any other stock exchange until its American Depositary Shares have been delisted from the New York Stock Exchange (NYSE).

YOU MAY ALSO LIKE

The Queen pays an unexpected visit to Paddington Station

Amber Heard denies leaving poop in bed with Johnny Depp as a joke

It also stated that it will continue to investigate appropriate solutions, including the possibility of listing on another internationally recognized exchange.

Didi started in December that it would delist from the New York Stock Exchange and seek a Hong Kong listing after running afoul of Chinese officials by proceeding with its $4.4 billion IPO last year.

According to Reuters, Chinese officials ordered the company to put its IPO on hold while it performed a cybersecurity examination of its data procedures.

The country’s strong cyberspace watchdog ordered app shops to remove 25 Didi-operated mobile apps and warned the business to cease registering new customers just days after it went live, citing national security and the public interest.

Didi’s decision was made independently, according to China’s securities regulator, and had nothing to do with other U.S.-listed Chinese stocks or ongoing efforts between Chinese regulators and their U.S. counterparts to resolve an audit dispute affecting U.S.-listed Chinese firms, according to the statement.

Didi’s overall income for the quarter ending December 31, 2021, dropped to 40.8 billion yuan ($6.40 billion) from 46.7 billion yuan a year before, according to a separate statement released on Saturday.

Share this:

  • Twitter
  • Facebook
Tags: DidiUNITED STATES

Advertisement

Instagram

  • Now, Elon Musk says ‘If I die under mysterious circumstances…’ #theubj
  • Why Europe Day is celebrated: 5 things you should know #theubj
  • U2 singer Bono performs at Kyiv metro station amid war: ‘A beautiful day’ #theubj
  • Early voting begins ahead of Australia
  • Taiwan rattled by 6.1 magnitude earthquake, no immediate damage reported #theubj
  • Elon Musk
  • Will Sweden apply for NATO membership? Ruling party to decide stance on May 15 #theubj
  • Missiles strike Ukraine
  • France

Recent News

Joe Jonas and Sophie Turner Reunite With Nick Jonas and Priyanka Chopra

Joe Jonas and Sophie Turner Reunite With Nick Jonas and Priyanka Chopra

May 18, 2022
‘Fast X ’: Cast, Release Date, and More

Is Fast And Furious 10 coming?

May 18, 2022

Categories

  • Business
  • Featured
  • Horoscope
  • k-drama
  • Korean
  • Lifestyle & Entertainment
  • Movie
  • News
  • Science & Technology
  • Technology
  • World

Quick Contact

The UBJ – United Business Journal

The UBJ Is content that is informative, entertaining, and relevant to its region. It offers news, sport, lifestyle, business & more

© 2022 The UBJ. All Right Reserved

  • About UBJ
  • Contact
  • Editorial Team
  • Privacy Policy
  • Disclaimer

No Result
View All Result
  • Home
  • World
  • Business
  • Lifestyle & Entertainment
  • Science & Technology
  • Horoscope
  • Korean

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

Add The UBJ - United Business Journal to your Homescreen!

Add
Enable Notifications    OK No thanks