Majority shareholders vote for delisting of Chinese ride-hailer Didi from NYSE

Majority shareholders vote for delisting of Chinese ride-hailer Didi from NYSE

REUTERS/Kim Kyung-Hoon

Chinese ride-hailing giant Didi Global will delist from the New York Stock Exchange, after a majority of the company’s shareholders voted in favor of the plan, putting to rest a year-long clash with Beijing over its U.S. stock market listing.

In an extraordinary general meeting (EGM) held on Monday, 96.26% of shareholders who were present and voting, voted in favor of delisting Didi’s American Depositary Shares from the NYSE, the company said.

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