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Interesting that this bubbled up this week--China is cracking down on Didi over "security concerns" within a week of it IPOing on a US exchange. This should be
by dehrmann 5y ago
Interesting that this bubbled up this week--China is cracking down on Didi over "security concerns" within a week of it IPOing on a US exchange.
This should be pretty embarrassing, so if Didi had legitimate security issues, the CCP would have kept it quiet and gotten it fixed quietly. I think this is to send a message, but I'm not sure to whom.
- mr_toad 5y ago> I think this is to send a message, but I'm not sure to whom. Could just be a general message to anyone who doesn’t scratch the right backs.