In its most recent regulatory filing, Didi said it expected to IPO at $13 to $14 per share. Reports on Tuesday suggest that the company priced its shares at the top end of that range. By selling 288 million shares, the company is expected to raise around $4 billion in its IPO—a haul that would value Didi at more than … See more Didi’s stock—American depositary shares, technically speaking—is set to debut on the New York Stock Exchange under the ticker symbol DIDI. The company’s shares are expected to start trading on Wednesday. … See more Japanese investment giant SoftBank is Didi’s largest shareholder with a 21.5% stake. It’s followed by Uber—a one-time rival of Didi’s in … See more Tensions remain elevated between the U.S. and China, with the Biden administration maintaining its predecessor’s … See more Like many tech firms that achieved impressive scale at a remarkable rate, Didi has had its share of losses in recent years. In its IPO prospectus, the company disclosedthat it ran $1.6 billion in the red in 2024, following … See more WebJul 14, 2024 · Temasek also joined a $1.5 billion funding round this year for Didi’s on-demand trucking unit known as Didi Freight. Temasek was an early investor in Jack …
Didi Joins China’s Worst U.S. IPOs After New Regulatory …
WebApr 12, 2024 · Didi, the Chinese version of Uber Technologies Inc., acquired its U.S. rival’s China business in 2016. The SoftBank Group Corp.-backed company is stepping up efforts to grow its presence in... WebAug 17, 2024 · Temasek Holdings walked into a stock market minefield in China last quarter by putting more money into several Chinese education and tech-platform stocks and … エクスペリア s0-01k
Didi Backer Temasek Optimistic on China Despite Regulatory Risk
WebJun 30, 2024 · Ride-hailing service DiDi Global ( DIDI) made its debut on the NYSE on June 30, at $14 a share, valuing the company at $68 billion, making DiDi’s the biggest IPO of … WebJul 13, 2024 · Didi Backer Temasek Optimistic on China Despite Regulatory Risk. By. David Ramli and Livia Yap. July 13, 2024, 7:00 AM UTC Updated on July 13, 2024, 10:19 AM … WebJun 30, 2024 · At the debut price, Cheng's stake in Didi is worth $5.22 billion. He got the idea for a ride-hailing platform on a freezing winter night in Beijing when he had trouble getting a taxi. SoftBank is Didi's largest investor and will own a 20.2% stake in the firm following the IPO. Tencent will hold 6.4%, while Uber will retain 12% of Didi. palmers farwell mi