• Despite flat growth, ride-hailing colossus Didi's US IPO could reach $70B

    11 days ago - By Tech Crunch

    Didi filed to go public in the United States last night, providing a look into the Chinese ride-hailing company's business. This morning, we're extending our earlier reporting on the company to dive into its numerical performance, economic health and possible valuation.
    Didi is approaching the American public markets at a fortuitous moment. While the late-2020 IPO fervor, which sent offerings from DoorDash and others skyrocketing after their debuts, has cooled, valuations for public companies remain high compared to historical norms. And Uber and Lyft, two American ride-hailing companies...
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  • China's ride-hail giant Didi could be the world's biggest IPO this year

    China's ride-hail giant Didi could be the world's biggest IPO this year

    11 days ago - By Fast Company

    China's ride-hail giant Didi Chuxing, which owns the largest market share in the country of 1.4 billion people, wants to go public.
    China's ride-hail giant Didi Chuxing, which owns the largest market share in the country of 1.4 billion people, wants to go public and has filed the necessary paperwork with the U.S. Securities and Exchange Commission.
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