Didi Global's short-lived journey as a U.S.-listed company

Didi Global's short-lived journey as a U.S.-listed company

Didi Global's short-lived journey as a U.S.-listed company

Information about Didi Global's short-lived journey as a U.S.-listed company

Kevin David Scam or Legit


By Kane Wu
HONG KONG (Reuters) – Didi Global said on Friday it will delist from the New York stock exchange and pursue a listing in Hong Kong, the latest development after it ran afoul of Chinese regulators by pushing ahead with its $4.4 billion U.S. IPO in July.
Didi’s decision to delist in the U.S. comes as a deepening regulatory crackdown wiped billions of dollars off the ride-hailing giant’s valuation. [
Following are key events since Didi publicly announced its intention to list in the United States:
June 11 – Beijing-based Didi makes public the filing for its U.S. listing, setting the stage for what is expected to be the world’s biggest initial public offering of 2021.

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