Didi’s co-founder reportedly told associates she would be leaving

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The founder and president of

Didi Global

reportedly told relatives she intended to quit, as the Chinese rideshare giant has angered regulators since its IPO in June.

According to a report by Reuters, who cites two sources close to the matter.

A report of Bloomberg Earlier this month, Beijing was considering an investment in Didi that would give state-owned companies control of the company.

The Beijing municipal government has proposed that Shouqi Group, which is part of the Beijing Tourism Group, and other companies take control of China’s largest ridesharing app, Bloomberg reported. A takeover by a consortium leading to a “golden share” with a seat on the board of directors and a veto right was also considered, according to the report.

The company told Reuters on Monday that it “is cooperating actively and fully on the cybersecurity review. Reuters rumors of the leadership changes are false and unfounded.

Didi has come under closer scrutiny in recent months, with pressure from Beijing focusing on cybersecurity and the handling of sensitive user data, particularly by a company listed in the US and beholden to US financial regulators. . The stock has fallen about 45% since its IPO in June.

Didi’s U.S. certificates of deposit fell 7.17% to $ 7.71 on Monday.

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