Didi Leaving New York Months After IPO Is Next Step in U.S.-China Decoupling

The Chinese ride-hailing giant is aiming for a Hong Kong listing as soon as the first quarter of 2022. The company ran into trouble with Beijing almost immediately after its $4.4 billion initial public offering in New York.

Didi Leaving New York Months After Ipo Is Next Step In U.s.-China Decoupling

The Wall Street Journal – by Jing Yang and Keith Zhai

The Chinese ride-hailing giant is aiming for a Hong Kong listing as soon as the first quarter of 2022. The company ran into trouble with Beijing almost immediately after its $4.4 billion initial public offering in New York.

Read the whole story on wsj.com

Report

What do you think?

1k Points
Upvote Downvote

Leave a Reply

Your email address will not be published.

China Set To Create New State-Owned Rare-Earths Giant

China Set to Create New State-Owned Rare-Earths Giant

Norway’s Wonky Christmas Tree Gift To England Hilariously Mocked On Social Media

Norway’s wonky Christmas tree gift to England hilariously mocked on social media