China tech ?? //@agoyagi: Didi

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Yyangg
2021-06-11

China tech ?? //@agoyagi:

Didi, Grab and Gojek, which are you looking forward the most?

China's Didi reveals U.S. IPO filing, sets stage for blockbuster New York float

(Reuters) -Didi Chuxing, China’s biggest ride-hailing firm, on Thursday made public its filing for a

China's Didi reveals U.S. IPO filing, sets stage for blockbuster New York float

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agoyagi
·2021-06-11
@Yyangg Gojek because it's not a pure ride hailing company.
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- YyanggReplying toagoyagi:
  @agoyagi Lets get it
  2021-06-15
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- agoyagiReplying toYyangg:
  Given a choice I will buy Didi and Gojek.
  2021-06-15
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- YyanggReplying toagoyagi:
  @agoyagi True that!
  2021-06-13
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Yyangg
·2021-06-11
嗯，但是我们的名单@Agoyagi
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- YyanggReplying toagoyagi:
  @Agoyagi是的，中国政府：
  2021-06-15
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- agoyagi:
  由于中国公司可能被退市，许多投资者都不愿上市。
  2021-06-15
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Net loss stood at 10.6 billion yuan in 2020, compared with 9.7 billion yuan a year earlier.</p>\n<p>However, Didi started 2021 strongly, as businesses reopened in China. Revenue more than doubled to 42.2 billion yuan (US$6.4 billion) for the three months ended March 31 from 20.5 billion yuan a year earlier.</p>\n<p>CHINESE IPO GOLD RUSH</p>\n<p>Didi confidentially filed for its IPO in April. A source familiar with the matter on Thursday said Didi was aiming to go public in July.</p>\n<p>The mega IPO highlights the lucrative business opportunity presented by Asian tech giants for Wall Street’s big investment banks.</p>\n<p>Earlier this year, Singapore’s biggest ride-hailing firm, Grab, struck a $40 billion deal with a special purpose acquisition company, backed by investment firm Altimeter, to go public in the United States.</p>\n<p>Last year, Chinese companies raised $12 billion from U.S. listings, more than triple the fundraising amount in 2019, according to Refinitiv data. This year, the raise from Chinese floats on U.S. exchanges is expected to comfortably surpass last year’s tally.</p>\n<p>Didi, which merged with then main rival Kuaidi in 2015 to create a smartphone-based transport services giant, counts as its core business a mobile app, where users can hail taxis, privately owned cars, car-pool options and even buses in some cities.</p>\n<p>Didi plans to list American Depositary Shares (ADSs) on either Nasdaq or the New York Stock Exchange under the symbol \"DIDI\", the company said. (bit.ly/2RGjK0s)</p>\n<p>Didi Chief Executive Cheng Wei said last year the firm aims to have 800 million monthly active users globally and complete 100 million orders a day by 2022, including ride-sharing, bike and food delivery orders.</p>\n<p>Goldman Sachs, Morgan Stanley and J.P.Morgan are the lead underwriters for the offering.</p>","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>China's Didi reveals U.S. IPO filing, sets stage for blockbuster New York float</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; 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}\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\">\nChina's Didi reveals U.S. IPO filing, sets stage for blockbuster New York float\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 07:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/didi-ipo/update-2-chinas-didi-reveals-u-s-ipo-filing-sets-stage-for-blockbuster-new-york-float-idUSL3N2NS42U><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Didi Chuxing, China’s biggest ride-hailing firm, on Thursday made public its filing for a U.S. stock market listing, setting the stage for what is expected to be the world’s biggest initial...</p>\n\n<a href=\"https://www.reuters.com/article/didi-ipo/update-2-chinas-didi-reveals-u-s-ipo-filing-sets-stage-for-blockbuster-new-york-float-idUSL3N2NS42U\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","DIDI":"滴滴(已退市)"},"source_url":"https://www.reuters.com/article/didi-ipo/update-2-chinas-didi-reveals-u-s-ipo-filing-sets-stage-for-blockbuster-new-york-float-idUSL3N2NS42U","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152704038","content_text":"(Reuters) -Didi Chuxing, China’s biggest ride-hailing firm, on Thursday made public its filing for a U.S. stock market listing, setting the stage for what is expected to be the world’s biggest initial public offering this year.\nThe company - backed by Asia’s largest technology investment firms, SoftBank, Alibaba and Tencent - did not reveal the size of the offering, but sources familiar with the matter had previously told Reuters that the ride-hailing giant could raise around $10 billion and seek a valuation of close to $100 billion.\nAt that valuation, Didi’s stock market flotation would be the biggest Chinese share offering in the United States, since Alibaba raised $25 billion in its blockbuster IPO in 2014.\nIn its filing on Thursday, Didi revealed slower revenue growth in 2020 due to the impact of the COVID-19 pandemic, which grounded the global ride-hailing industry to a halt as lockdowns were enforced all over the globe.\nFor 2020, Didi reported revenue of 141.7 billion yuan ($22.17 billion), down from 154.8 billion yuan a year earlier. Net loss stood at 10.6 billion yuan in 2020, compared with 9.7 billion yuan a year earlier.\nHowever, Didi started 2021 strongly, as businesses reopened in China. Revenue more than doubled to 42.2 billion yuan (US$6.4 billion) for the three months ended March 31 from 20.5 billion yuan a year earlier.\nCHINESE IPO GOLD RUSH\nDidi confidentially filed for its IPO in April. A source familiar with the matter on Thursday said Didi was aiming to go public in July.\nThe mega IPO highlights the lucrative business opportunity presented by Asian tech giants for Wall Street’s big investment banks.\nEarlier this year, Singapore’s biggest ride-hailing firm, Grab, struck a $40 billion deal with a special purpose acquisition company, backed by investment firm Altimeter, to go public in the United States.\nLast year, Chinese companies raised $12 billion from U.S. listings, more than triple the fundraising amount in 2019, according to Refinitiv data. This year, the raise from Chinese floats on U.S. exchanges is expected to comfortably surpass last year’s tally.\nDidi, which merged with then main rival Kuaidi in 2015 to create a smartphone-based transport services giant, counts as its core business a mobile app, where users can hail taxis, privately owned cars, car-pool options and even buses in some cities.\nDidi plans to list American Depositary Shares (ADSs) on either Nasdaq or the New York Stock Exchange under the symbol \"DIDI\", the company said. (bit.ly/2RGjK0s)\nDidi Chief Executive Cheng Wei said last year the firm aims to have 800 million monthly active users globally and complete 100 million orders a day by 2022, including ride-sharing, bike and food delivery orders.\nGoldman Sachs, Morgan Stanley and J.P.Morgan are the lead underwriters for the offering.","news_type":1,"symbols_score_info":{"UBER":0.9,"DIDI":0.9}},"isVote":1,"tweetType":1,"viewCount":3546,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["CAAS"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":73,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":4676048,"commentId":"4676048","gmtCreate":1623373374948,"gmtModify":1663228413071,"authorId":3579932425739623,"author":{"id":3579932425739623,"idStr":"3579932425739623","authorId":3579932425739623,"name":"agoyagi","avatar":"https://static.tigerbbs.com/8c802b858e86a9cfcdcb5fd68fc241c9","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":181940748,"objectIdStr":"181940748","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<a href=\"https://laohu8.com/U/3576883299034662\"> @Yyangg </a>Gojek because it's not a pure ride hailing company.","text":"<a href=\"https://laohu8.com/U/3576883299034662\"> @Yyangg </a>Gojek because it's not a pure ride hailing company.","html":"<a href=\"https://laohu8.com/U/3576883299034662\"> @Yyangg </a>Gojek because it's not a pure ride hailing company.","likeSize":0,"commentSize":5,"subComments":[{"id":4779205,"commentId":"4779205","gmtCreate":1623764152067,"gmtModify":1663228887536,"authorId":3576883299034662,"author":{"id":3576883299034662,"idStr":"3576883299034662","authorId":3576883299034662,"name":"Yyangg","avatar":"https://community-static.tradeup.com/news/ca7cfb97757e2b01d9ed77de2c0b3955","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3579932425739623,"repliedAuthor":{"id":3579932425739623,"idStr":"3579932425739623","authorId":3579932425739623,"name":"agoyagi","avatar":"https://static.tigerbbs.com/8c802b858e86a9cfcdcb5fd68fc241c9","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":181940748,"objectIdStr":"181940748","type":1,"supId":4676048,"supIdStr":"4676048","prevId":4757884,"prevIdStr":"4757884","content":"<a href=\"https://laohu8.com/U/3579932425739623\"> @agoyagi</a> Lets get it","text":"<a href=\"https://laohu8.com/U/3579932425739623\"> @agoyagi</a> Lets get it","html":"<a href=\"https://laohu8.com/U/3579932425739623\"> @agoyagi</a> Lets get it","disclaimerType":0},{"id":4757884,"commentId":"4757884","gmtCreate":1623717000756,"gmtModify":1663228791549,"authorId":3579932425739623,"author":{"id":3579932425739623,"idStr":"3579932425739623","authorId":3579932425739623,"name":"agoyagi","avatar":"https://static.tigerbbs.com/8c802b858e86a9cfcdcb5fd68fc241c9","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3576883299034662,"repliedAuthor":{"id":3576883299034662,"idStr":"3576883299034662","authorId":3576883299034662,"name":"Yyangg","avatar":"https://community-static.tradeup.com/news/ca7cfb97757e2b01d9ed77de2c0b3955","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":181940748,"objectIdStr":"181940748","type":1,"supId":4676048,"supIdStr":"4676048","prevId":4713981,"prevIdStr":"4713981","content":"Given a choice I will buy Didi and Gojek.","text":"Given a choice I will buy Didi and Gojek.","html":"Given a choice I will buy Didi and Gojek.","disclaimerType":0},{"id":4713981,"commentId":"4713981","gmtCreate":1623513653655,"gmtModify":1663228594539,"authorId":3576883299034662,"author":{"id":3576883299034662,"idStr":"3576883299034662","authorId":3576883299034662,"name":"Yyangg","avatar":"https://community-static.tradeup.com/news/ca7cfb97757e2b01d9ed77de2c0b3955","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3579932425739623,"repliedAuthor":{"id":3579932425739623,"idStr":"3579932425739623","authorId":3579932425739623,"name":"agoyagi","avatar":"https://static.tigerbbs.com/8c802b858e86a9cfcdcb5fd68fc241c9","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":181940748,"objectIdStr":"181940748","type":1,"supId":4676048,"supIdStr":"4676048","prevId":4701717,"prevIdStr":"4701717","content":"<a href=\"https://laohu8.com/U/3579932425739623\"> @agoyagi</a> True that!","text":"<a href=\"https://laohu8.com/U/3579932425739623\"> @agoyagi</a> True that!","html":"<a href=\"https://laohu8.com/U/3579932425739623\"> @agoyagi</a> True that!","disclaimerType":0},{"id":4701717,"commentId":"4701717","gmtCreate":1623463040452,"gmtModify":1663228538452,"authorId":3579932425739623,"author":{"id":3579932425739623,"idStr":"3579932425739623","authorId":3579932425739623,"name":"agoyagi","avatar":"https://static.tigerbbs.com/8c802b858e86a9cfcdcb5fd68fc241c9","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3576883299034662,"repliedAuthor":{"id":3576883299034662,"idStr":"3576883299034662","authorId":3576883299034662,"name":"Yyangg","avatar":"https://community-static.tradeup.com/news/ca7cfb97757e2b01d9ed77de2c0b3955","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":181940748,"objectIdStr":"181940748","type":1,"supId":4676048,"supIdStr":"4676048","prevId":4700671,"prevIdStr":"4700671","content":"<a href=\"https://laohu8.com/U/3576883299034662\"> @Yyangg </a>Never bet against Big economies like US and China.","text":"<a href=\"https://laohu8.com/U/3576883299034662\"> @Yyangg </a>Never bet against Big economies like US and China.","html":"<a href=\"https://laohu8.com/U/3576883299034662\"> @Yyangg </a>Never bet against Big economies like US and China.","disclaimerType":0},{"id":4700671,"commentId":"4700671","gmtCreate":1623460935064,"gmtModify":1631891863504,"authorId":3576883299034662,"author":{"id":3576883299034662,"idStr":"3576883299034662","authorId":3576883299034662,"name":"Yyangg","avatar":"https://community-static.tradeup.com/news/ca7cfb97757e2b01d9ed77de2c0b3955","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":181940748,"objectIdStr":"181940748","type":1,"supId":4676048,"supIdStr":"4676048","prevId":0,"prevIdStr":"0","content":"<a href=\"https://laohu8.com/U/3579932425739623\"> @agoyagi</a> ??","text":"<a href=\"https://laohu8.com/U/3579932425739623\"> @agoyagi</a> ??","html":"<a href=\"https://laohu8.com/U/3579932425739623\"> @agoyagi</a> ??","disclaimerType":0}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":4675407,"commentId":"4675407","gmtCreate":1623371903005,"gmtModify":1663228410947,"authorId":3576883299034662,"author":{"id":3576883299034662,"idStr":"3576883299034662","authorId":3576883299034662,"name":"Yyangg","avatar":"https://community-static.tradeup.com/news/ca7cfb97757e2b01d9ed77de2c0b3955","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":181940748,"objectIdStr":"181940748","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"嗯，但是我们的名单<a href=\"https://laohu8.com/U/3579932425739623\">@Agoyagi</a>","text":"嗯，但是我们的名单<a href=\"https://laohu8.com/U/3579932425739623\">@Agoyagi</a>","html":"嗯，但是我们的名单<a href=\"https://laohu8.com/U/3579932425739623\">@Agoyagi</a>","likeSize":0,"commentSize":2,"subComments":[{"id":4758548,"commentId":"4758548","gmtCreate":1623718249645,"gmtModify":1663228795938,"authorId":3576883299034662,"author":{"id":3576883299034662,"idStr":"3576883299034662","authorId":3576883299034662,"name":"Yyangg","avatar":"https://community-static.tradeup.com/news/ca7cfb97757e2b01d9ed77de2c0b3955","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3579932425739623,"repliedAuthor":{"id":3579932425739623,"idStr":"3579932425739623","authorId":3579932425739623,"name":"agoyagi","avatar":"https://static.tigerbbs.com/8c802b858e86a9cfcdcb5fd68fc241c9","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":181940748,"objectIdStr":"181940748","type":1,"supId":4675407,"supIdStr":"4675407","prevId":4757950,"prevIdStr":"4757950","content":"<a href=\"https://laohu8.com/U/3579932425739623\">@Agoyagi</a>是的，中国政府：","text":"<a href=\"https://laohu8.com/U/3579932425739623\">@Agoyagi</a>是的，中国政府：","html":"<a href=\"https://laohu8.com/U/3579932425739623\">@Agoyagi</a>是的，中国政府：","disclaimerType":0},{"id":4757950,"commentId":"4757950","gmtCreate":1623717112175,"gmtModify":1663228791349,"authorId":3579932425739623,"author":{"id":3579932425739623,"idStr":"3579932425739623","authorId":3579932425739623,"name":"agoyagi","avatar":"https://static.tigerbbs.com/8c802b858e86a9cfcdcb5fd68fc241c9","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":181940748,"objectIdStr":"181940748","type":1,"supId":4675407,"supIdStr":"4675407","prevId":0,"prevIdStr":"0","content":"由于中国公司可能被退市，许多投资者都不愿上市。","text":"由于中国公司可能被退市，许多投资者都不愿上市。","html":"由于中国公司可能被退市，许多投资者都不愿上市。","disclaimerType":0}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"hasMoreComment":true,"orderType":2}