BEIJING, Aug 12 (Reuters) – China’s ride-hailing giant Didi Global Inc (DIDI.N) said on Thursday that rumours about a possible management change are not true.
“Didi is actively and fully cooperating with regulators’ cybersecurity probe, market rumours about management change at the company is not true,” Didi said in a Weibo post.
The statement followed a South China Morning Post report, citing people familiar with the matter, that Didi may reshuffle its senior management team as a result of ongoing cybersecurity investigations.
In July, just days after Didi’s $4.4 billion listing on the New York Stock Exchange, the Cyberspace Administration of China ordered app stores to remove Didi’s main ride-hailing app.
The regulator also told Didi to stop registering new users amid a probe into the company, citing national security and the public interest. read more
Didi is led by Chief Executive Will Cheng and President Jean Liu.
Reporting by Yilei Sun and Brenda Goh; Editing by Kim Coghill and Christian Schmollinger
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