Share this @internewscast.com
Chinese state investors are looking to take an ownership stake in ride-hailing giant Didi Global Inc., months after regulators punished the company with restrictions and made it one of the highest-profile casualties of China’s toughening stance on tech.
The municipal government in Beijing is coordinating a proposed investment by a consortium of state-backed companies that includes a competing ride-hailing service, a person familiar with the matter said.
Source: WSJ
