To The Moon

On April 16, DiDi Global Inc. $DiDi Global Inc.(DIDI)$ today released its unaudited financial results for the fourth quarter of 2021. According to the financial report, as of December 31, 2021, DiDi Global Inc. 's revenue in the fourth quarter reached 40.777 billion yuan, down 12.68 percent from the same period last year; the operating loss in the fourth quarter reached 8.13 billion yuan, down 5.07 percent from the loss of 8.564 billion yuan in the same period last year; and the net loss was 171 million yuan. Compared with the loss of 7.231 billion yuan in the same period last year, the loss was significantly narrowed. For the whole of 2021, DiDi Global Inc. achieved an annual revenue of 173.827 billion yuan, an increase of 22.64 percent over the same period last year; an annual operating loss of 48.442 billion yuan, an increase of 251.33 percent over a loss of 13.788 billion yuan in 2020; and DiDi Global Inc. 's net loss of 49.334 billion yuan in 2021, an increase of 365.06 percent over a loss of 10.608 billion yuan in 2020. In the fourth quarter of 2001, the trading volume of DiDi Global Inc. 's core platform was 2.791 billion, of which 2.307 billion were traded in China's travel business (Chinese ride-hailing, taxi, ride-hailing and ride-sharing services). The transaction volume from international business (international travel and takeout, etc.) is 484 million. In the fourth quarter, DiDi Global Inc. 's core platform transaction volume (GTV) reached 67.2 billion yuan, of which China's travel business GTV reached 56.2 billion yuan and the international market GTV reached 11 billion yuan. At the same time as the results were released, DiDi Global Inc. announced that a special shareholders' meeting would be held at 19:00 on May 23, 2022 to vote on the voluntary delisting of the company's American depositary shares on the New York Stock Exchange. The company will not apply for its shares to be listed on any other stock exchange until delisting is completed. On December 3, 2021, DiDi Global Inc. announced that the board of directors supported the company's delisting from the New York Stock Exchange, approved the company to carry out related work, and authorized the company to start preparations for listing on the main board of the Hong Kong Stock Exchange. At that time, a source revealed that DiDi Global Inc. listed in the late first quarter of 2022 at the earliest, and started the delisting of US stocks at the same time. In the next few months, DiDi Global Inc. will take three steps: the first step is to start listing in Hong Kong; the second step is to delist DiDi Global Inc. ADS from the New York Stock Exchange; and the third step is for ADS holders (investors) to convert their ADS into DiDi Global Inc. 's Hong Kong-listed shares according to the plan announced in the future. DiDi Global Inc. chose this way for a reason. Generally speaking, in the case of listing in the form of introduction, the company's shares are the issued shares of the company, the company will not issue new shares, nor will it raise new funds, so the cost of listing is low. This has also become the best way for DiDi Global Inc. to resolve the bureau. Then, at the end of the month, DiDi Global Inc. said in his financial results for the second and third quarters of 2021 that the above plan was being implemented and would be updated to investors in due course. However, in March this year, DiDi Global Inc. Hong Kong shares listed to regenerate variables. According to informed sources, DiDi Global Inc. has suspended the listing process of Hong Kong stocks because he failed to complete the data security reform proposal within the prescribed time limit. Now, DiDi Global Inc. a delisting vote announcement, in disguise confirmed the rumor, it also means that DiDi Global Inc. may take the lead to complete privatization delisting, and then find a way back. At present, a number of DiDi Global Inc. investors have expressed their concern about DiDi Global Inc. 's delisting purchase price to the 21st century economic reporter. On the 16th, DiDi Global Inc. also announced that Liu Chiping, president of Tencent, resigned as a director and appointed Fengxia Liang, deputy general counsel of Tencent, as the new director. $TENCENT(00700)$$Alibaba(BABA)$