- 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.
Here’s How Much $1000 Invested In Abbott Laboratories 5 Years Ago Would Be Worth Today
Abbott Laboratories (NYSE:ABT) has outperformed the market over the past 5 years by 7.3% on an annualized basis producing an average annual return of 17.14%. Currently, Abbott Laboratories has a market capitalization of $187.96 billion.
