CNN — Talk about buyer's remorse. On Tuesday, shares in Didi crashed 20% after Chinese authorities opened an investigation into the ride-hailing giant that raised $4.4 billion last week in a massive ...
Exclusive: Didi lines up 2021 IPO in Hong Kong, targets more than $60 billion valuation, sources say
HONG KONG (Reuters) - China's top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public offering next year, dropping previous aims to list in New York amid ...
DiDi Global’s DIDI tenure as a U.S.-listed company turned out to be rather short. Barely five months after its debut as a publicly-traded company in the U.S. stock market, this Beijing-based ...
NEW YORK (Reuters) - Didi Global, the Chinese ride-hailing company, must face a lawsuit in a U.S. court claiming it defrauded investors by concealing and disobeying a Chinese government order to ...
Chinese ride-hailing goliath Didi Global Inc. priced its IPO at $14 on Tuesday afternoon, according to people familiar with the matter, setting the stage for the company to begin trading Wednesday, ...
Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook Didi's robotaxi on display at WAIC on August 30, 2019 in Shanghai. Credit: TechNode/Shi Jiayi ...
Driverless technology startup WeRide Inc. filed for what could be the biggest U.S. initial public offering by a Chinese company since ride-share company Didi Global Inc.’s disastrous 2021 listing.
Chinese regulators are preparing to end a ban on bringing on new users to Didi, The Wall Street Journal reported on Monday. Didi’s public debut was one of the most-anticipated of last year, as the ...
The ride-hailing industry is at the peak of the hype curve, and both Uber and Didi are using it successfully. As autonomous cars are expected to take off soon, Uber starts to benefit from the buzz ...
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