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DiDi car sharing subsidiary rumored to be bankrupt

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Published: July 28th, 2022,
Last updated: July 28th, 2022

According to a blog post, the car-sharing branch of mobility service provider DiDi Chuxing is experiencing difficulties. An employee shared information about the bankruptcy on Weibo, Pandaily reports. Previously, authorities imposed a billion-dollar fine on the parent company to sanction it for its business practices (China.Table reported).

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