In 2026, DiDi (DiDi Global) is not "closing down" globally, but it has undergone a massive forced restructuring and delisting due to intense regulatory pressure from Chinese authorities. The "closure" narrative largely refers to its exit from the New York Stock Exchange and its withdrawal from several international markets (such as parts of Europe and Africa) to refocus on its core Chinese operations. The crackdown began in 2021 over data security and "anti-monopoly" concerns, leading to a multibillion-dollar fine and a period where its apps were removed from Chinese app stores. In 2026, DiDi is currently working toward a listing on the Hong Kong Stock Exchange as part of its "recovery" plan. While it has scaled back its global ambitions to appease regulators, it remains the dominant ride-hailing player in China and continues to operate in Latin American markets like Brazil and Mexico. Its "retreat" is a strategic consolidation rather than a total liquidation.