Posted : 2021-07-10 11:09
Updated : 2021-07-10 14:14
An American flag is seen in front of the logo for Chinese ride hailing company Didi during the IPO on the New York Stock Exchange floor in New York City, June 30. Reuters-Yonhap
Chinese regulators blacklisted 25 more apps associated with the ride-hailing platform Didi Chuxing, Friday, the latest blow to the company as it faces a government crackdown at home and litigation overseas.
App stores in China, where 90 percent of the ride-hailing market is dominated by Didi, were ordered to remove the company s primary app last week on national security grounds, just days after it went public on the New York Stock Exchange.
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