didichuxing
In the early morning of December 3, 2021, the Chinese ride-hailing company, DiDi Global Inc (NYSE:DIDI), made this surprise announcement. Q3 2021 hedge fund letters, conferences and more Didi To Leave US Stock MarketDidi Chuxing has experienced a turbulent five-month post-IPO period. According to the company's announcement, it is planning to delist from the US market and go public again, in Hong Kong. Since it experienced regulatory crackdowns and was delisted from app stores in China, Didi's stock price has slumped by 44.29% at USD 7.8 per share. Law firms including Rosen, Labaton Sucharown a...
ValueWalk
Didi Chuxing, China’s Uber Technologies Inc (NYSE:UBER), published its filing to hold an initial public offering (IPO) in the U.S. It could be the largest IPO in the world this year. Q1 2021 hedge fund letters, conferences and more Didi Chuxing releases IPO documentsThe ride-sharing firm didn't share the size of its offering, but sources had told Reuters previously that it could raise about $10 billion and seek a valuation near $100 billion. According to Fox Business, Didi Chuxing's stock market flotation would be the largest Chinese offering in the U.S. since Alibaba raised $25 billion in its...
ValueWalk
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