IN RE DIDI GLOBAL INC. SECURITIES LITIGATION

Nature of the Filing

This document is a letter requesting permission to file materials under seal. It does not contain a court order or state a disposition of the request.

Background

Defendants DiDi Global Inc., Will Wei Cheng, Jean Qing Liu, Stephen Jingshi Zhu, Alan Yue Zhuo, and Adrian Perica asked to file under seal their response to Plaintiffs’ motion to appoint Alaka Holdings, Ltd. as lead plaintiff instead of Junhong Cao. They also sought to seal an attached exhibit and to file a public version of the opposition using placeholders.

Reason for Sealing

The filing states that the response and exhibit refer to deposition testimony from named plaintiff Shereen El-Nahas. The testimony had been designated highly confidential under the parties’ protective order. The filing quotes that order as restricting disclosure of confidential documents except to specified persons, including the parties, their lawyers, and the court.

The defendants argued that sealing was narrowly tailored to protect their interests and the interests of third parties. They relied on the general presumption that court records should be publicly accessible but argued that confidential, competitively sensitive business information may be sealed when necessary to protect higher-value interests and when the sealing request is limited to what is necessary.

Disposition

The text contains the defendants’ request and legal argument but no ruling by Judge Kaplan. It therefore does not establish whether the request to seal was granted, denied, or otherwise resolved.