We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
The Tycoon Herald
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Reading: “Reuters’ Rumors About Management Changes Are Untrue And Unsubstantiated” – DiDi Global
Sign In
The Tycoon HeraldThe Tycoon Herald
Font ResizerAa
Search
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© Tycoon Herald. All Rights Reserved.
“Reuters’ Rumors About Management Changes Are Untrue And Unsubstantiated” – DiDi Global
The Tycoon Herald > Business > “Reuters’ Rumors About Management Changes Are Untrue And Unsubstantiated” – DiDi Global
BusinessMoneyTycoon

“Reuters’ Rumors About Management Changes Are Untrue And Unsubstantiated” – DiDi Global

Tycoon Herald
By Tycoon Herald 2 Min Read
Share
SHARE

DiDi Global President Jean Liu in 2018. (Photo by Tomohiro Ohsumi/Getty Images)

Getty Images

China ride-sharing app DiDi Global this morning responded to a Reuters report that President Jean Liu plans to leave the company, saying: “Reuters’ rumors about management changes are untrue and unsubstantiated.”

“We strongly condemn those malicious and repeated rumors fabricated and distributed on certain media against DiDi, and reserve all rights to pursue legal actions against such acts of infringement,” DiDi said in a statement distributed by PR firm SVC.

Liu “has told some close associates that she intends to step down,” Reuters reported yesterday, citing two sources familiar the matter. The executive has also “in recent weeks told some associates that she expected the government to eventually take control of Didi and appoint new management,” the two sources said, according to Reuters.

DiDi lost 6.6% in New York trading on Monday after the report, and ended 45% below its June IPO price of $14 a share.

The company faces regulatory probes in China and class-action lawsuits in connection with its listing in New York.  Its app was banned from the app store in China days after the listing.

“DiDi is actively and fully cooperating with the cybersecurity review,” the statement said.

Liu is the daughter of China computer industry pioneer Liu Chuanzhi and once worked at Goldman. DiDi investors include Softbank New Vision Fund, which holds a 20% stake, Uber 12%, and Tencent 6%, according to the company’s prospectus.

MORE FOR YOU

Chairman Cheng Wei, 38, who holds an approximately 6.5% stake, holds a fortune worth $2.4 billion, according to today’s Forbes Real-Time Rich List.

@rflannerychina

You Might Also Like

Joseph Safina’s Driven Becomes Amazon Bestseller, Blending High Finance with High Speeds

How To Make A Funds: 12 Simple Methods To Do It (The Full Information) – Dollarsanity

10 Outdated-Normal Cleansing Suggestions from Grandma – Dollarsanity

Fashion Designer Hyeonseo Irene Park: Redefining Menswear Through Originality and Collaboration

From Pattaya to the World: Bryan Flowers’ Unstoppable Rise as a Global Entrepreneur

TAGGED:MoneyThe Forbes Journal
Share This Article
Facebook Twitter Email Copy Link Print
Former Hasbro CEO Alan Hassenfeld Useless at 76, Household Based Toy Maker
Entertainment

Former Hasbro CEO Alan Hassenfeld Useless at 76, Household Based Toy Maker

Hasbro Former CEO Alan Hassenfeld Useless at 76 ... Household Based Toy Maker Revealed July 9, 2025 5:06 PM PDT Former Hasbro Inc. CEO Alan G. Hassenfeld, whose household based…

By Tycoon Herald 2 Min Read
Clubbing Colognes That Personal the Evening—No Velvet Rope Wanted | FashionBeans
July 10, 2025
Donald Trump threatens to impose 50% tariff on Brazil
July 10, 2025
Tom Brady, Sofia Vergara Each Single, Hanging Out, however Not Courting
July 9, 2025
Paris Saint-Germain 4-0 Actual Madrid: Rampant PSG arrange Membership World Cup closing towards Chelsea
July 9, 2025

You Might Also Like

Wedding ceremony On A Funds: Get K-Like Wedding ceremony For K or Much less – Dollarsanity
Money

Wedding ceremony On A Funds: Get $30K-Like Wedding ceremony For $5K or Much less – Dollarsanity

By Tycoon Herald 19 Min Read
Astana International Forum 2025: “Connecting Minds, Shaping the Future”
BusinessTrending

Astana International Forum 2025: “Connecting Minds, Shaping the Future”

By Tycoon Herald 3 Min Read
80 Issues I Stopped Shopping for to Save Money Quick and Pay Off Debt – Dollarsanity
Money

80 Issues I Stopped Shopping for to Save Money Quick and Pay Off Debt – Dollarsanity

By Tycoon Herald 38 Min Read

More Popular from Tycoon Herald

MEET THE FATHER OF COADUNATE ECONOMIC MODEL
BusinessTrending

MEET THE FATHER OF COADUNATE ECONOMIC MODEL

By Tycoon Herald 2 Min Read
Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

By Tycoon Herald
Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments
InnovationTrending

Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments

By Tycoon Herald 7 Min Read
Fashion

Easy methods to Make a T-Shirt and Denims Look Intentional | FashionBeans

We independently consider all advisable services and products. Any services or products put ahead seem in…

By Tycoon Herald
Entertainment

Phaedra Parks Reacts to MAGA ‘Housewives’ Thought, Would Be ‘Very Unstable’

Play video content material BACKGRID Phaedra Parks is weighing in on whether or not the 'Actual…

By Tycoon Herald
Trending

U.S. Blew Up a C.I.A. Post Used to Evacuate At-Risk Afghans

A controlled detonation by American forces that was heard throughout Kabul has destroyed Eagle Base, the…

By Tycoon Herald
Leadership

Northern Lights: 17 Best Places To See Them In 2021

Who doesn’t dream of seeing the northern lights? According to a new survey conducted by Hilton, 59% of Americans…

By Tycoon Herald
Real Estate

Exploring Bigfork, Montana: A Little Town On A Big Pond

Bigfork, Montana, offers picturesque paradise in the northern wilderness. National Parks Realty With the melting of…

By Tycoon Herald
Leadership

Leaders Need To Know Character Could Be Vital For Corporate Culture

Disney's unique culture encourages young employees to turn up for work with smiles on their faces.…

By Tycoon Herald
The Tycoon Herald

Tycoon Herald: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Terms of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© Tycoon Herald. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?