Didi Global back-pedals on plan to cease ride-hailing operations in Russia as Western allies close ranks against invasion of Ukraine

Feb 27, 2022 | INVESTING

Chinese ride-hailing giant Didi Global, which remains under a cybersecurity investigation by Beijing, has back-pedalled on its earlier decision to cease operations in Russia at a time when Western allies have started to close ranks against Moscow’s invasion of Ukraine.“Didi Chuxing will not shut down its operations in Russia,” the company wrote in a post on microblogging platform Weibo on Saturday, using its Chinese name. “We will continue to operate in Russia and serve the country’s drivers…

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