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Didi plunges 30% in premarket trading after China cracks down on ride-hailing app days after $68 billion US IPO

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Didi plunges 30% in premarket trading after China cracks down on ride-hailing app days after $68 billion US IPO

Didi Chuxing is China’s biggest ride-hailing app.
Reuters
Shares of Chinese ride-hailing app maker Didi plunged as much as 30% in premarket trading on the US stock market on Tuesday, after China cracked down on the company only days after its blockbuster…

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