The company paid the fine last year, the largest regulatory penalty imposed on a Chinese tech firm since Alibaba and Meituan were fined $2.75 billion and $527 million, respectively, in 2021 by antitrust regulator the State Administration for Market Regulation, sources have told Reuters. It was also forced to end its 11-month-long journey as a New York Stock Exchange-traded company in June last year, turning it from a poster child of China's internet boom to one of the biggest casualties of Beijing's regulatory crackdown. The regulatory troubles have hit Didi badly, chipping away at its dominance and allowing rival ride-hailing services operated by automakers Geely and SAIC Motor to gain market share across the country.