Why Are DiDi Shares Trading Higher Today?

Bloomberg reporter tweeted that the China government wants to take DiDi Global Inc (NYSE:DIDI) under state control. China’s Uber Technologies (NYSE:UBER) counterpart, which…
  • Bloomberg reporter tweeted that the China government wants to take DiDi Global Inc (NYSE:DIDI) under state control.
  • China’s Uber Technologies (NYSE:UBER) counterpart, which recently had to forego its U.K. ambitions, has freshly attracted the government’s ire for its ride-hailing business anomalies.
  • Price Action: DIDI shares traded higher by 6.24% at $9.35 in the market session on the last check Friday.
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