Investor Alert

Sept. 2, 2021, 2:31 p.m. EDT

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in DiDi Global Inc. f/k/a Xiaoju Kuaizhi Inc. of Class Action Lawsuit and Upcoming Deadline - DIDI

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Finally, on July 22, 2021, before market hours, Bloomberg published an article entitled "China Weighs Unprecedented Penalty for Didi After U.S. IPO" which reported, inter alia , that "Chinese regulators are considering serious, perhaps unprecedented, penalties for Didi Global Inc. after its controversial initial public offering last month"; that "[r]egulators are weighing a range of potential punishments, including a fine, suspension of certain operations or the introduction of a state-owned investor"; that "[a]lso possible is a forced delisting or withdrawal of Didi's U.S. shares"; and that "Beijing is likely to impose harsher sanctions on Didi than on Alibaba Group Holding Ltd., which swallowed a record $2.8 billion fine[.]"

On this news, the Company's share price fell $3.44 per share, or nearly 30%, over the next two trading days to close at $8.06 per share on July 23, 2021, further damaging investors.

As of the time the Complaint was filed, the price of DiDi ADSs continues to trade below the $14.00 per ADS Offering price, damaging investors.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com .

Robert S. Willoughby
Pomerantz LLP
888-476-6529 ext. 7980

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