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CHINA’S RIDE APP DIDI LIKELY TO PICK NEW YORK FOR ITS UPCOMING IPO

Published On 24 Mar 2021 03:36 PM


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Highlights –

  • China’s ride app Didi likely to pick New York for its upcoming IPO.
  • The company is hoping for a valuation of at least $100 billion.
  • Didi is said to have discussed the option of listing via a SPAC.
  • In 2019 Didi was fined by Shanghai authorities for using unlicensed vehicles multiple times.

According to sources, China’s top ride-h....


Tags : CHINA RIDE APP, DIDI CHUXING, NEW YORK STOCK LISTING, HONG KONG STOCK LISTING, IPO, INTIAL PUBLIC OFFERING, SPAC, SPECIAL PURPOSE ACQUISITION COMPANY,
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