China’s ride-hailing Didi must face US lawsuit New York

Capt. John

DIDI Global, the Chinese ride-hailing company, must face a lawsuit in a US court claiming it defrauded investors by concealing and disobeying a Chinese government order to postpone its 2021 initial public offering until it resolved cybersecurity and privacy concerns, reports Reuters. In a 54-page decision, US District Judge Lewis Kaplan in Manhattan federal court said investors who brought the proposed class action sufficiently pleaded that Didi and various officials intended to defraud them in...

https://www.seanews.com.tr/chinas-ride-hailing-didi-must-face-us-lawsuit-new-york/199904/

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