By Will Feuer


Chinese ride-hailing company DiDi Global Inc. said it has notified the New York Stock Exchange that it plans to delist its American Depositary Shares from the exchange.

The company said it plans to file a Form 25 with the U.S. Securities and Exchange Commission on or after June 2 to delist its ADSs from the NYSE, which would occur ten days after the effectiveness of the Form 25.

In a separate release, the company said the decision to delist its ADSs from the NYSE was approved by shareholders at the company's extraordinary general meeting in Beijing.

The move comes after the company, and the broader Chinese tech industry, faced heightened scrutiny from regulators in Beijing.


Write to Will Feuer at Will.Feuer@wsj.com


(END) Dow Jones Newswires

05-23-22 0907ET