China’s probe into ride hailing giant Didi Chuxing may lead to management reshuffle, sources say

Source: Tech – South China Morning PostDidi-Chuxing, the dominant Chinese ride-hailing service, may have to reshuffle its senior management team as a result of the ongoing cybersecurity investigations into its US$4.4 billion New York initial public offering, according to several sources familiar with the matter.Didi’s founder and chairman Cheng Wei, co-founder and global president Jean Liu Qing, and senior vice-president Stephen Zhu Jingshi – who together hold more than 50 per cent of the voting rights of Didi’s eight-member board –…Read More

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