DiDi Global Inc. announced on September 10, 2025, that it has settled a class-action lawsuit filed by US investors. The lawsuit alleged that the Chinese ride-hailing company defrauded investors by concealing and disobeying a Chinese government order to postpone its 2021 initial public offering.
The settlement resolves a significant legal overhang that has impacted the company since its NYSE listing. This resolution removes a source of uncertainty regarding potential financial liabilities and legal costs, allowing DiDi to move forward with greater clarity.
The class-action lawsuit stemmed from regulatory scrutiny in China that followed DiDi's 2021 IPO, which led to an administrative fine in 2022 and the delisting of its ADSs from the NYSE. The settlement marks a step towards resolving past regulatory and legal challenges for the company.
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