China's cyberspace administration launches Didi investigation


BEIJING (Reuters) - Didi Global's shares fell up to 10% in pre-market trade in New York on Friday after China's cyberspace administration said it had launched a new investigation into the ride-hailing giant to protect national security and the public interest.

The Cyberspace Administration of China (CAC) said Didi was not allowed to register new users during its investigation, which was announced just two days after Didi began trading on the New York Stock Exchange.

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