Months after massive IPO, China’s Didi moves to delist from NYSE

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Chinese ride-hailing giant Didi Global Inc. said late Thursday it plans to delist from the New York Stock Exchange, bowing to pressure from the Chinese government.

“After careful study, the company will start delisting on the New York Stock Exchange immediately, and start preparations for listing in Hong Kong,” Didi said in a post on its Weibo account.

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