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Benzinga
Benzinga
Business
The Bamboo Works

RARE PHOTOS: Didi slapped with hefty 1 2 billion fine how was the amount determined - The Real Truth

Key Takeaways:

  • China’s cybersecurity regulator imposed a big fine of $1.2 billion on Didi after closing a year-long investigation into the company, but how it arrived at the amount has raised concern in the market
  • Analysts believe that the company needs to use internal resources and pay off the fine first before it can move on with its IPO plan in Hong Kong
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