The Goldman Sachs Group Inc (NYSE: GS) veteran holds a 1.6% stake worth $640 million and controls 23% of the vote.
Liu sees the government taking control of DiDi and appointing new management. Liu even told her close associates to start exploring new opportunities.
Liu had previously planned to quit before the regulatory crackdown to try something new.
DiDi acknowledged complete cooperation with the cybersecurity review that urged it to delay the IPO. DiDi also refuted the management change stories.
Price Action: DIDI shares traded lower by 6.99% at $7.72 on the last check Monday.
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