China’s Didi Chuxing prepares for IPO on U.S. exchange

chinas didi chuxing prepares for ipo on u s exchange

Sumary of China’s Didi Chuxing prepares for IPO on U.S. exchange:

  • Didi Chuxing releases IPO documents The ride-sharing firm didn’t share the size of its offering, but sources had told Reuters previously that it could raise about $10 billion and seek a valuation near $100 billion..
  • In its Thursday filing, Didi revealed that revenue growth slowed last year due to the pandemic, which halted the global ride-sharing industry due to lockdowns around the world..
  • The ride-sharing company’s revenue more than doubled from 20.5 billion yuan in last year’s first quarter to 42.2 billion yuan (US$6.4 billion) for this year’s first quarter….

Want to know more click here go to source.

From -
Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close