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September 4, 2021 01:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/aW3fx6rRHz8/city-of-beijing-said-to-seek-taking-didi-under-state-control
City of Beijing Said To Seek Taking Didi Under State Control
An anonymous reader quotes a report from Bloomberg: Beijing's municipal government has proposed an investment in Didi Global Inc. that would give state-run firms control of the world's largest ride-hailing company, according to people familiar with the matter. Under the preliminary proposal, Shouqi Group -- part of the influential Beijing Tourism Group -- and other firms based in the capital would acquire a stake in Didi, the people said, asking not to be identified discussing private information. Scenarios under consideration include the consortium taking a so-called "golden share" with veto power and a board seat, they added.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/aW3fx6rRHz8/city-of-beijing-said-to-seek-taking-didi-under-state-control
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