Fretting about data security, China's government expands its use of 'golden shares'
The Hindu
Troubled Didi Global Inc has also been in talks about a golden share for its core ride-hailing business.
The Chinese government has been expanding its practice of taking minority stakes in private companies beyond those specialising in online news and content to firms possessing large amounts of key data, two people with knowledge of the matter said.
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It has made a de facto special management stake or "golden share" arrangement with Full Truck Alliance Co Ltd, a Chinese platform arranging trucking services, according to one of the people.
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