Chinese ride-hailing giant Didi reverses course, will remain in Russia

Chinese ride-hailing giant Didi reverses course, will remain in Russia

Didi’s shares are trading 14.5% below the U.S. IPO price.

Chinese ride-hailing giant Didi Global said on Saturday that it would continue to operate in Russia, reversing a decision announced on Monday that it was leaving that country as well as Kazakhstan.