Chinese Ride-Hailing Giant Didi Bids Goodbye to NYSE

What’s new: Didi Global Inc. has delisted from the New York Stock Exchange (NYSE), less than a year after its blockbuster debut on the bourse.

On Friday, the ride-hailing giant’s last NYSE trading day, its American depositary shares closed at $2.29 apiece, down 84% from its IPO price of $14.

Starting Monday, the Didi shares will be traded in the less liquid over-the-counter (OTC) market, with its symbol changed to DIDIY from DIDI, according to a Friday announcement by The Options Clearing Corp., a Chicago-based clearing house.