(Singapore / Hong Kong Comprehensive News) China officially reported that it will impose a fine of more than $ 1 billion (about S $ 1.4 billion) on the Internet car giant, which will end the investigation of Didi over the past year.
Comprehensive Wall Street Journal and Reuters reported that people familiar with the matter said that after the fine measures were announced, the Chinese government will relax the previous implementation restrictions.Re -the shelves in China ’s domestic app store.This fine will also launch a new shares listing for Didi in the Hong Kong stock market.
Official fines of more than $ 1 billion in Didi account for about 4 % of Didi's total revenue last year, which will be the highest fines issued by Chinese regulators to Chinese technology companies.Alibaba and Meituan were fined last year. Ali's fines accounted for about 4 % of its domestic sales in 2019, while Meituan was 3 % of its domestic sales in 2020.
China has rectified the Internet technology industry since 2020, and companies such as Didi have been specially investigated.
Didi Chuxing went public in the United States in June last year, and was launched by the China Internet Information Office to start a network security survey by the China Internet Information Office in less than a week, and it was called to stop the registration of new users.Didi was listed for less than 12 months, and it was announced in May this year that it has been notified of the New York Stock Exchange, which officially stated that it decided to delist from the NYSE.
It is reported that Didi was informed by the regulatory authorities before listing in the United States, hoping that it would postpone the listing plan, but Didi still broke through.
