Didi Denies Reports That Beijing City Is Coordinating Companies to Invest in It

A logo of Chinese ride-hailing company Didi is seen at its headquarter in Beijing, China, on July 2, 2021. Jade Gao/AFP via Getty Images

BEIJING—China’s ride hailing giant Didi Global Inc. said on Saturday that media reports that the Beijing city government is coordinating companies to invest in it are not correct.

“Didi is currently actively and fully cooperating with cybersecurity probe, foreign media reports that Beijing city government is coordinating companies to invest in it are incorrect,” it said on Weibo.