The law firm of Kessler Topaz Meltzer & Check, LLP is currently investigating potential violations of the federal securities laws on behalf of shareholders of DiDi Global Inc. (NYSE:DIDI) (“DiDi”).
DiDi investors may receive additional information about the investigation by clicking the link "Submit Your Information" above.
DiDi operates mobility platforms that provides ride hailing and other related services. It operates three business segments: China Mobility, International and Other Initiative. The China Mobility segment comprises of ride hailing, taxi hailing, chauffeur and hitch services. The International segment includes ride hailing and food delivery services in international markets, outside of China. The Other Initiatives mainly consist of bike and e-bike sharing, certain auto solutions, intra-city freight, community group buying, autonomous driving and financial services.
On July 2, 2021, the Cyberspace Administration of China (“CAC”) launched an investigation into DiDi, just two days after DiDi began trading on the New York Stock Exchange.
Following this news, DiDi’s stock price fell $0.87 per share, to close at $15.53 per share on July 2, 2021. Then, on July 4, 2021, the CAC ordered a suspension of app downloads for DiDi after it found that DiDi illegally collected personal user data.
If you have any questions or would like to discuss this investigation, please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453 or toll-free at (844) 887-9500; or via e-mail at info@ktmc.com.