CCP s State-Owned Companies Shadow Chinese Ride-Hailing Company s US IPO theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
Ride-Hailing Giant Didi Seeks Up to $4 Billion in U S IPO bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
China’s ride-hailing behemoth is driving slow ahead of its initial public offering. Didi Global, led by boss Will Wei Cheng, is targeting a market capitalisation of up to $67 billion, based on a price range of $13 to $14 per share, just two-thirds of the earlier mooted goal .
At the top of the range, Didi would have a market value of more than US$60 billion, at the lower end of a range that had stretched up to US$100 billion, suggesting investors balked at the price tag.. Read more at straitstimes.com.
China s Didi plans to raise up to $4 3bn through US IPO thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.