The Chinese ride-hailing giant said in a regulatory filing this week that it is cooperating with the investigation by the US Securities and Exchange Commission about its share offering, “subject to strict compliance with applicable [Chinese] laws and regulations.”
“We cannot predict the timing, outcome or consequences of such an investigation,” the company added.
Didi didn’t respond to a request for comment. A spokesperson for the SEC said it does not comment on “the existence or nonexistence of a possible investigation.”
Shares of Didi have lost 86% of their value since its IPO last June.
— Paul R. La Monica contributed to this report.