Didi denies reports that Beijing city is coordinating companies to invest in it

BEIJING (Reuters) – China’s expertise hailing massive Didi Global Inc talked about on Saturday that media reports that the Beijing city authorities is coordinating companies to invest in it often should not proper.
“Didi is in the intervening time actively and completely cooperating with cybersecurity probe, worldwide media reports that Beijing city authorities is coordinating companies to invest in it are incorrect,” it talked about on Weibo.
Bloomberg News reported on Friday, citing unidentified of us conscious of the matter, that China’s capital city was considering taking Didi beneath state administration and had proposed that government-run companies invest in it.
Under the preliminary proposal, some Beijing-based companies along with Shouqi Group, part of the state-owned Beijing Tourism Group, would buy a stake in Didi, Bloomberg reported.
Beijing-based Didi faces a cybersecurity investigation by Chinese authorities after its New …

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