Eleanor Alcott and Ryan McMorrow report from Hong Kong and Beijing
Chinese ride-hailing group Didi has been granted new user registrations, signaling the end of Beijing’s regulatory campaign aimed at reining in the power of the country’s internet giants. Earlier, an investigation into Didi led to the removal of several of the company’s apps.
Didi was forced to delist from the New York Stock Exchange last June, less than 12 months after listing. The launch of the regulatory probe ended a wave of Chinese companies heading to Wall Street to raise huge sums.
Didi posted on social media on Monday: “Over a year…
