After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO

Bloomberg2021-07-01

(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...

Source Link

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.

132

Report

Comment（18）

Grest
·2021-07-01
Ride with $DiDi Global Inc.(DIDI)$
Reply
Like
Report
Grest
·2021-07-01
Ride with $DiDi Global Inc.(DIDI)$
Reply
Like
Report
Kingggg
·2021-07-01
Buy DIDI!!!
Reply
Like
Report
ASMH
·2021-07-01
Like
Reply
Like
Report
Lanying
·2021-07-01
O
Reply
4
Report
Fold Replies
- Lanying:
  O
  2021-07-01
  Reply
  Report
PLPLPLPLPL
·2021-07-01
Pls help to like and comment, thanks
Reply
6
Report
宙斯的爱子
·2021-07-01
Cool
Reply
Like
Report
Razak
·2021-07-01
Story of rivalry
Reply
6
Report
osbbwint
·2021-07-01
Looks good strategy
Reply
3
Report
Fold Replies
- BubbleGumbo:
  [Smile][Smile]
  2021-07-01
  Reply
  Report
gneh
·2021-07-01
Wow
Reply
2
Report
Fumiyo
·2021-07-01
Like n comment pls
Reply
1
Report
Yyk93
·2021-07-01
Mice
Reply
3
Report
逢場作戲又一日
·2021-07-01
Didi wake up
Reply
2
Report
Fold Replies
- Jeddy:
  ?
  2021-07-02
  Reply
  Report
ahjo79
·2021-07-01
insane performance
Reply
9
Report
Fold Replies
- ahjo79:
  ?
  2021-07-02
  Reply
  Report
- KBchan:
  nice please like and comment
  2021-07-01
  Reply
  Report
- JinHan:
  Looking to invest in it after the drop from opening price
  2021-07-01
  Reply
  Report
RobinOng84
·2021-07-01
Wah
Reply
3
Report
luv2trade
·2021-07-01
oh
Reply
2
Report
Fold Replies
- ahjo79:
  Will The price go up tonight?
  2021-07-01
  Reply
  Report
Qingxiong
·2021-07-01
Good
Reply
1
Report
Fold Replies
- Steventeo:
  gogogo
  2021-07-01
  Reply
  Report
Meow17
·2021-07-01
Good to know!
Reply
5
Report
Fold Replies
- IZLIN:
  roger!
  2021-07-01
  Reply
  Report
- Meow17:
  Thanks!
  2021-07-01
  Reply
  Report
- oliviaeex:
  agreed
  2021-07-01
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2148584318?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-01 07:47","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2148584318","market":"us","top_or_hot":-1,"title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DIDI","symbol_name":"滴滴(已退市)","start_time":0,"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","article_id":"2148584318","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","pubTimestamp":1625096828,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DIDI":"滴滴(已退市)","UBER":"优步","BABA":"阿里巴巴","09988":"阿里巴巴-W"},"translate_title":"失去神州后，优步入股滴滴IPO收获80亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09988":0.9,"BABA":0.9,"DIDI":0.9,"UBER":0.9},"content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":158915728,"gmtCreate":1625121674664,"gmtModify":1703736569883,"author":{"id":"3581503320247876","authorId":"3581503320247876","authorIdStr":"3581503320247876","name":"Grest","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581503320247876"},"htmlText":"Ride with <a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>","listText":"Ride with <a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>","text":"Ride with $DiDi Global Inc.(DIDI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158915728","repostId":2148584318,"repostType":2,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158915251,"gmtCreate":1625121661373,"gmtModify":1703736569558,"author":{"id":"3581503320247876","authorId":"3581503320247876","authorIdStr":"3581503320247876","name":"Grest","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581503320247876"},"htmlText":"Ride with <a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>","listText":"Ride with <a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>","text":"Ride with $DiDi Global Inc.(DIDI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158915251","repostId":2148584318,"repostType":2,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158077304,"gmtCreate":1625117560908,"gmtModify":1703736515786,"author":{"id":"3574851147748176","authorId":"3574851147748176","authorIdStr":"3574851147748176","name":"Kingggg","avatar":"https://static.tigerbbs.com/8716b86786dd9e45f4b5f86ee41b3d47","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3574851147748176"},"htmlText":"Buy DIDI!!!&nbsp;","listText":"Buy DIDI!!!&nbsp;","text":"Buy DIDI!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158077304","repostId":2148584318,"repostType":2,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151705287,"gmtCreate":1625105294649,"gmtModify":1703736236114,"author":{"id":"3586939439858903","authorId":"3586939439858903","authorIdStr":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586939439858903"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151705287","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151515698,"gmtCreate":1625098337814,"gmtModify":1703736000376,"author":{"id":"3571641801586244","authorId":"3571641801586244","authorIdStr":"3571641801586244","name":"Lanying","avatar":"https://static.tigerbbs.com/44079e6feb39117800ea99462f8cae40","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3571641801586244"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151515698","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5086107,"gmtCreate":1625098347583,"gmtModify":1663230358342,"authorId":3571641801586244,"author":{"id":3571641801586244,"authorId":3571641801586244,"name":"Lanying","avatar":"https://static.tigerbbs.com/44079e6feb39117800ea99462f8cae40","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151515698,"type":1,"supId":0,"prevId":0,"content":"O","text":"O","html":"O"}],"langContent":"EN"},{"id":151538380,"gmtCreate":1625097860940,"gmtModify":1703735981643,"author":{"id":"3586478636083299","authorId":"3586478636083299","authorIdStr":"3586478636083299","name":"PLPLPLPLPL","avatar":"https://static.tigerbbs.com/c9fd1ac2395cdd2f3cf800542a92295a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586478636083299"},"htmlText":"Pls help to like and comment, thanks","listText":"Pls help to like and comment, thanks","text":"Pls help to like and comment, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151538380","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151592202,"gmtCreate":1625097617206,"gmtModify":1703735971126,"author":{"id":"4087482257900820","authorId":"4087482257900820","authorIdStr":"4087482257900820","name":"宙斯的爱子","avatar":"https://static.tigerbbs.com/fc0e6d83a9159fc929382e8ece1c04c9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087482257900820"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151592202","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151591683,"gmtCreate":1625097496942,"gmtModify":1703735966649,"author":{"id":"3577134043689710","authorId":"3577134043689710","authorIdStr":"3577134043689710","name":"Razak","avatar":"https://static.tigerbbs.com/fb3aaeddad6ac1bdd8da9f5841c37524","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577134043689710"},"htmlText":"Story of rivalry","listText":"Story of rivalry","text":"Story of rivalry","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151591683","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151599643,"gmtCreate":1625097391482,"gmtModify":1703735963517,"author":{"id":"3554933888436587","authorId":"3554933888436587","authorIdStr":"3554933888436587","name":"osbbwint","avatar":"https://static.tigerbbs.com/1f4866154fe46a969a4fcd71334d2a72","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3554933888436587"},"htmlText":"Looks good strategy","listText":"Looks good strategy","text":"Looks good strategy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151599643","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5085938,"gmtCreate":1625097646826,"gmtModify":1663230361331,"authorId":3582966792980858,"author":{"id":3582966792980858,"authorId":3582966792980858,"name":"BubbleGumbo","avatar":"https://static.tigerbbs.com/3ea67ad05fa0074d870d9c061d20bf79","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151599643,"type":1,"supId":0,"prevId":0,"content":"[Smile][Smile]","text":"[Smile][Smile]","html":"[Smile][Smile]"}],"langContent":"EN"},{"id":151599300,"gmtCreate":1625097375700,"gmtModify":1703735962858,"author":{"id":"3581305522347138","authorId":"3581305522347138","authorIdStr":"3581305522347138","name":"gneh","avatar":"https://static.tigerbbs.com/f2ea19968f55648d955b9ad2de4952c1","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":0,"idStr":"3581305522347138"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151599300","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151504621,"gmtCreate":1625097294063,"gmtModify":1703735958542,"author":{"id":"3570336970209686","authorId":"3570336970209686","authorIdStr":"3570336970209686","name":"Fumiyo","avatar":"https://static.tigerbbs.com/b65de2d6a23385f374374d427d29dd42","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570336970209686"},"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151504621","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151504080,"gmtCreate":1625097283640,"gmtModify":1703735958049,"author":{"id":"3579215307992883","authorId":"3579215307992883","authorIdStr":"3579215307992883","name":"Yyk93","avatar":"https://static.tigerbbs.com/c88c4fbff03dba565b2431bddbbfb7d2","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3579215307992883"},"htmlText":"Mice","listText":"Mice","text":"Mice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151504080","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151505286,"gmtCreate":1625097273245,"gmtModify":1703735957555,"author":{"id":"3555043402922696","authorId":"3555043402922696","authorIdStr":"3555043402922696","name":"逢場作戲又一日","avatar":"https://community-static.tradeup.com/news/6a5fbf2ceb7c7ee0399d41e6348dadf7","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":1,"idStr":"3555043402922696"},"htmlText":"Didi wake up&nbsp;","listText":"Didi wake up&nbsp;","text":"Didi wake up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151505286","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5096330,"gmtCreate":1625182199482,"gmtModify":1663230405034,"authorId":3569469801672917,"author":{"id":3569469801672917,"authorId":3569469801672917,"name":"Jeddy","avatar":"https://static.tigerbbs.com/0ab583ba04df294d5c4e9d442b686fab","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151505286,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"},{"id":151502999,"gmtCreate":1625097212711,"gmtModify":1703735954899,"author":{"id":"3586395692177906","authorId":"3586395692177906","authorIdStr":"3586395692177906","name":"ahjo79","avatar":"https://static.tigerbbs.com/85419e6812d7faf5b04d4c725a416215","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3586395692177906"},"htmlText":"insane performance","listText":"insane performance","text":"insane performance","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/151502999","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5096788,"gmtCreate":1625184124965,"gmtModify":1663230409035,"authorId":3586395692177906,"author":{"id":3586395692177906,"authorId":3586395692177906,"name":"ahjo79","avatar":"https://static.tigerbbs.com/85419e6812d7faf5b04d4c725a416215","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151502999,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"},{"id":5085868,"gmtCreate":1625097277952,"gmtModify":1663230360129,"authorId":3582453112692311,"author":{"id":3582453112692311,"authorId":3582453112692311,"name":"KBchan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151502999,"type":1,"supId":0,"prevId":0,"content":"nice please like and comment<br>","text":"nice please like and comment<br>","html":"nice please like and comment<br>"},{"id":5086272,"gmtCreate":1625099022919,"gmtModify":1663230360080,"authorId":3581586102966898,"author":{"id":3581586102966898,"authorId":3581586102966898,"name":"JinHan","avatar":"https://community-static.tradeup.com/news/023377e47661ee615bf8b22d4bd036e3","vip":1,"currentWearingBadge":{"badgeId":"c4ee29b388ff41cc8462b3b7ea00d1e2-1","templateUuid":"c4ee29b388ff41cc8462b3b7ea00d1e2","name":"Monthly Top Contributor","description":"Top 3 Contributors with the most and best Editor's Picks every month","bigImgUrl":"https://static.tigerbbs.com/b0cad6192443c33dca826a001250fbd4","smallImgUrl":"https://static.tigerbbs.com/5ccd98c646815ce7610b0df338e060cc","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.07","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2003},"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151502999,"type":1,"supId":0,"prevId":0,"content":"Looking to invest in it after the drop from opening price","text":"Looking to invest in it after the drop from opening price","html":"Looking to invest in it after the drop from opening price"}],"langContent":"EN"},{"id":151506346,"gmtCreate":1625097182585,"gmtModify":1703735953404,"author":{"id":"4087647923769940","authorId":"4087647923769940","authorIdStr":"4087647923769940","name":"RobinOng84","avatar":"https://static.tigerbbs.com/93c5aec7efe9608d299bebc66d83128e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087647923769940"},"htmlText":"Wah","listText":"Wah","text":"Wah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151506346","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151506046,"gmtCreate":1625097168585,"gmtModify":1703735953073,"author":{"id":"3582002202540727","authorId":"3582002202540727","authorIdStr":"3582002202540727","name":"luv2trade","avatar":"https://static.tigerbbs.com/bd9418c94c88a702c1158f4c6fc5c4ba","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582002202540727"},"htmlText":"oh","listText":"oh","text":"oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151506046","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5085866,"gmtCreate":1625097270039,"gmtModify":1663230361029,"authorId":3586395692177906,"author":{"id":3586395692177906,"authorId":3586395692177906,"name":"ahjo79","avatar":"https://static.tigerbbs.com/85419e6812d7faf5b04d4c725a416215","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151506046,"type":1,"supId":0,"prevId":0,"content":"Will The price go up tonight?","text":"Will The price go up tonight?","html":"Will The price go up tonight?"}],"langContent":"EN"},{"id":151509962,"gmtCreate":1625097015856,"gmtModify":1703735947792,"author":{"id":"3581573593594204","authorId":"3581573593594204","authorIdStr":"3581573593594204","name":"Qingxiong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581573593594204"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151509962","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5085799,"gmtCreate":1625097041060,"gmtModify":1663230360931,"authorId":3581466055330001,"author":{"id":3581466055330001,"authorId":3581466055330001,"name":"Steventeo","avatar":"https://static.tigerbbs.com/f579b5cba569decf00183de8a6a2ab3e","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151509962,"type":1,"supId":0,"prevId":0,"content":"<u>gogogo</u>","text":"<u>gogogo</u>","html":"<u>gogogo</u>"}],"langContent":"EN"},{"id":151277912,"gmtCreate":1625096944636,"gmtModify":1703735944608,"author":{"id":"3581561113691319","authorId":"3581561113691319","authorIdStr":"3581561113691319","name":"Meow17","avatar":"https://static.tigerbbs.com/eb44c855c6634e62b2e1d492bb4bcee1","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581561113691319"},"htmlText":"Good to know!&nbsp;","listText":"Good to know!&nbsp;","text":"Good to know!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/151277912","repostId":2148584318,"repostType":4,"repost":{"id":"2148584318","pubTimestamp":1625096828,"share":"https://ttm.financial/m/news/2148584318?lang=&edition=fundamental","pubTime":"2021-07-01 07:47","market":"us","language":"en","title":"After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2148584318","media":"Bloomberg","summary":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest econom","content":"<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.</p>\n<p>Didi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.</p>\n<p>That makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.</p>\n<p>Founded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.</p>\n<p>Though Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","DIDI":"滴滴(已退市)","09988":"阿里巴巴-W","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/losing-china-uber-stake-didi-205908417.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2148584318","content_text":"(Bloomberg) -- Five years ago, Uber Technologies Inc. bowed out of the world’s second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its trade.\nDidi, the biggest ride-hailing company in China, raised about $4.4 billion in its U.S. initial public offering on Tuesday and sold more shares than it originally planned. Didi’s stock closed up 1% at $14.14 on Wednesday, giving the company a market value of about $68 billion.\nThat makes Uber’s current 12% stake worth about $8.1 billion. Didi’s public offering is the second largest U.S. listing by a Chinese company, behind Alibaba Group Holding Ltd.’s $25 billion debut in 2014, according to data compiled by Bloomberg.\nFounded in 2012 by Cheng Wei, Didi emerged as Uber’s biggest rival in China at a time the San Francisco-based company was vying to expand globally. In their battle for market share, Uber burned through billions of dollars before stopping its losses by selling Uber China to Didi, known as Didi Chuxing at the time. The deal left Uber with a 20% stake in its competitor. Uber has been selling some of its shares in Didi in the run-up to the IPO, reducing its holding from about 14% in the first quarter.\nThough Didi is dominant in China, momentum in the region is beginning to slow. The company plans to use the IPO funds to invest in technology, increase its presence in some international markets and introduce new products, according to its U.S. filings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5088025,"gmtCreate":1625108874985,"gmtModify":1663230371641,"authorId":3581848609787274,"author":{"id":3581848609787274,"authorId":3581848609787274,"name":"IZLIN","avatar":"https://static.tigerbbs.com/f2241963762942310c858a3aae49c0d1","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151277912,"type":1,"supId":0,"prevId":0,"content":"roger!","text":"roger!","html":"roger!"},{"id":5085777,"gmtCreate":1625096973779,"gmtModify":1663230360439,"authorId":3581561113691319,"author":{"id":3581561113691319,"authorId":3581561113691319,"name":"Meow17","avatar":"https://static.tigerbbs.com/eb44c855c6634e62b2e1d492bb4bcee1","vip":1,"currentWearingBadge":{"badgeId":"4e86300037264823b9bb00ff44fc0f19-3","templateUuid":"4e86300037264823b9bb00ff44fc0f19","name":"Live trading challenger","description":"for 6 months","bigImgUrl":"https://community-static.tradeup.com/news/1f5e9ba8fa00e845d15505fef84941ce","smallImgUrl":"https://community-static.tradeup.com/news/890d6c2bdab9dd1b255a1e7e9ae2264f","grayImgUrl":"https://community-static.tradeup.com/news/aeea12778e0c2c686984e1efc3ed8fd4","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.03","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":5600},"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151277912,"type":1,"supId":5085769,"prevId":0,"content":"Thanks!","text":"Thanks!","html":"Thanks!"},{"id":5085769,"gmtCreate":1625096957349,"gmtModify":1663230358834,"authorId":3581502293537821,"author":{"id":3581502293537821,"authorId":3581502293537821,"name":"oliviaeex","avatar":"https://static.tigerbbs.com/bb5c135ec9104a6b25b19b233db0f3bc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151277912,"type":1,"supId":0,"prevId":0,"content":"agreed","text":"agreed","html":"agreed"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":132,"commentSize":18,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}