Dida Inc.: IDG China Venture Capital Fund IV Trims Stake with HK$2.39 Sale of 7.09 Million Shares

Bulletin Express07-02

On 2 July 2026, the Executive received a Rule 22 disclosure under the Hong Kong Code on Takeovers and Mergers confirming that IDG China Venture Capital Fund IV L.P. sold 7.09 million Dida Inc. shares on 30 June 2026 at HK$2.3888 per share.

Post-transaction, the private-equity firm holds 74.11 million shares, representing 7.28 % of Dida’s issued share capital.

IDG China Venture Capital Fund IV L.P., classified as a Class (6) associate of offeree Dida Inc. due to its shareholding, executed the trade for its own account. The fund is ultimately owned by Chi Sing Ho.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment