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BZ — KANZHUN News Story

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Grocery apps Dingdong, Missfresh sag amid China tech crackdown

** Shares of both Chinese online grocery apps Dingdong
 DDL.N  and Missfresh  MF.O , which debuted in U.S. at the end
of June, falling ~5% premarket as Chinese regulators take aim
    ** Cyberspace Administration of China (CAC) ordered
ride-hailing giant Didi Global Inc  DIDI.N  to remove its app
from Chinese app stores following official investigation into
co's handling of customer data  urn:newsml:reuters.com:*:nL5N2OI1N7
    ** CAC also announces probes into truck-hailing firm Full
Truck Alliance  YMM.N  and online recruitment co Kanzhun Ltd
 BZ.O 
    ** DIDI shares slump as much as 25% before the bell Tues
    ** Crackdown jolts Chinese tech heavyweights and other
recent China-to-U.S. IPOs, including Zhangmen Education 

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