- DiDi Global Inc (NYSE:DIDI) will remove 25 apps for violating PRC’s Cybersecurity Law.
- On Friday, Cyberspace Administration of China confirmed that 25 apps operated by DiDi, including the apps used by users and drivers, had the problem of collecting personal information.
- China’s Uber Technologies Inc (NYSE:UBER) equivalent estimates this move to affect its revenue in China.
- DiDi recently lowered its U.S. initial public offering valuation amid China’s growing tech crackdown.
- Price action: DIDI shares traded lower by 3.16% at $11.65 in the premarket session on the last check Monday.
Capstone Announces $5M Bought Deal Offering of Common Stock
Capstone Green Energy Corporation (NASDAQ:CGRN) ("Capstone", or the "Company"), a global leader in carbon reduction and on-site resilient green energy solutions, today announced that it has entered