Didi shares plunge more than 20% on plan to delist from NYSEThe company's shares fell 22.17%, losing about $8.4 billion in market value. At their Friday close of $6.07, Didi shares have fallen about ...
04 Dec, 2021, 10.44 AM IST
China's Didi says app takedown may hurt revenueThe removal of Didi's app, which does not affect existing users, comes days after Didi made its trading debut on the New York Stock Exchang...
05 Jul, 2021, 10.45 AM IST
China investigates Didi over cybersecurity days after its huge IPODidi's debut on Wednesday was the biggest U.S. listing by a Chinese company since Alibaba Group Holding Ltd in 2014.
02 Jul, 2021, 09.29 PM IST
Uber lost China, but gained handsomely in Didi Global IPOShares of Didi Global rose 1% after the blockbuster IPO, ascribing the Chinese ride-hailing firm a market cap of about $68 billion. That ma...
01 Jul, 2021, 03.58 PM IST
China's Didi worth $68 billion after US debutThe stock market debut vindicated Didi's decision to moderate its valuation expectations, after investors raised concerns over the pace and...
01 Jul, 2021, 08.44 AM IST
Didi Global valued at $80 billion in mega US IPO as shares soarSoftBank-backed Didi Global's stock opened at $16.65, compared with the IPO price of $14 per share. Its listing in New York is the biggest ...
30 Jun, 2021, 11.16 PM IST
China's Didi valued at $80 billion in mega US IPO as shares soarThe biggest Chinese listing in the United States so far this year was Full Truck Alliance, often referred to as "Uber for trucks", which ra...
30 Jun, 2021, 11.08 PM IST
China's Didi raises $4.4 billion in upsized US IPOThe increase in deal size came after the Didi investor order book was oversubscribed multiple times, one of the sources said.
30 Jun, 2021, 09.01 AM IST
Didi Global's $4-billion IPO order books to close on MondayDidi Global has set a price range of $13 to $14 per American Depositary Share (ADS), according to a regulatory filing, and said it would of...
28 Jun, 2021, 02.00 PM IST
Didi's $4 billion US IPO to close on MondayDidi set a price range of $13 to $14 per American Depositary Share (ADS), a regulatory filing showed on Thursday, and said it would offer 2...
28 Jun, 2021, 12.56 PM IST
Didi's $4 billion US IPO fully covered: SourcesDidi Global Inc's initial public offering (IPO) to raise up to $4 billion in the United States has been covered on the first day of its boo...
25 Jun, 2021, 01.28 PM IST
Didi Global IPO to raise up to $4 billion fully covered in USDidi Global IPO to raise up to $4 billion in the US has been covered on the first day of its bookbuild, sources say.
25 Jun, 2021, 12.24 PM IST
China probes Didi Chuxing for antitrust violations ahead of US IPOThe investigation into IPO-bound Didi Chuxing is the latest in a sweeping crackdown on Chinese technology companies, including Alibaba Grou...
17 Jun, 2021, 01.56 PM IST
China's Didi Chuxing picks Goldman, Morgan Stanley for mega US IPODidi Chuxing has opted for New York because of a more predictable listing pace, the presence of comparable peers like Uber and Lyft, and a ...
09 Apr, 2021, 01.06 PM IST
China's Didi leans towards New York over Hong Kong for IPO, eyeing at least $100 billion valuation: ReportDidi has also discussed the option of listing via a special-purpose acquisition company, although it was seen as less viable given the comp...
24 Mar, 2021, 01.32 PM IST
Didi lines up 2021 IPO in Hong Kong, targets more than $60 billion valuation, sources sayDidi, backed by technology investment giants SoftBank , Alibaba and Tencent, has started initial talks with investment banks for the long-a...
20 Oct, 2020, 08.49 PM IST
Didi considers 2021 Hong Kong IPO, targets valuation of more than $60 billion: ReportDidi had for years aimed for a U.S. IPO because of the prestige of a New York listing, the presence of comparable peers like Uber and Lyft ...
20 Oct, 2020, 11.20 AM IST