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China extends probe into US-listed tech firms after Didi blow | Money
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China extends probe into US-listed technology firms after Didi blow
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Didi s removal from China s app stores marks a growing crackdown
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China s crackdown on Didi is a reminder that Beijing is in charge
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Didi has raised at least $ 4 billion for the New York Stock Exchange
China’s premier Didi Chuxing app will debut on the New York Stock Exchange after that Defeating Uber and becoming dominant on the streets of the country’s major cities, but concerned with growth and regulation on the horizon.
With the name of his holding company Xiaoju Kuaizhi, Didi raised at least $ 4 billion in one of the largest initial public offerings off the 2014 Alibaba list after pricing shares at the top of the marketed range. Didi sold the shares for $ 14 a piece, according to information about the deal, giving it a market capitalization of at least $ 67 billion. The company refused.