Beijing had launched cybersecurity probe into the Chinese ride-hailing giant Didi Chuxing to address national security risks arising from its public listing in the United States, according to Chinese state media reports.
The Chinese moved to investigate Didi began just two days after its shares began trading on New York Stock Exchange in July, raising $4.4 billion in one of the largest U.S. initial public offerings (IPO) over the past decade.
