DiDi Global Shares Rise on WSJ Report May Go Private

DiDi Worldwide DIDI,
+10.32%
shares shot up 25% to $11.14 in premarket trading after The Wall Street Journal reported Journal Chinese taxi company may go private company. A take-private deal involving a public offer for the publicly traded shares is one of the tentative options being considered, the report said, citing people familiar with the matter. DiDi went public for $14 a share before China’s cybersecurity regulator launched a data security investigation and ordered the app be removed from app stores.

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