Didi Global, the Chinese ride-sharing company, stated on Saturday that it would continue to operate in Russia, reversing a decision made on Monday to leave that nation and Kazakhstan. There was no explanation given. Didi’s local business in Russia will not be shut down, and it will continue to function and provide excellent service to drivers and customers in the future, according to a statement posted on China’s Twitter-like platform Sina Weibo on Saturday. Didi announced on Monday that it will leave Russia on March 4, a year and a half after commencing services there. It’s been a year since it arrived in Kazakhstan.
The Chinese government has called for talks on Ukraine but has neither condemned Russia’s attack nor referred to it as an invasion.
Didi Chuxing Technology Co., formerly named Didi Dache and Didi Kuaidi, is a Chinese vehicle for hire company. Didi has had a rocky road since going public in New York last summer. Didi announced in December that it would delist from the NYSE and pursue a Hong Kong listing in response to pressure from Chinese officials worried about data security.
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