Beijing flunks the modern business plan IPO Didi. Charles Ortel and @GordonGChang, Gatestone, Newsweek, The Hill

Jul 08, 2021, 03:57 AM

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Photo:  The Chinese ride-sharing behemoth DiDi Chuxing filed for its U.S. IPO on Thursday, June 10, leaving it poised to become one of the biggest tech public offerings of 2021. DiDi successfully listed and began trading on the NYSE under the ticker "DIDI" on June 30, raising $4.4 billion. In its filing with the SEC, DiDi details its ambition to expand globally and its plans to invest in technologies for electric vehicles and autonomous driving solutions.  Here:  DiDi in China.
 
 
Beijing flunks the modern business plan IPO Didi. Charles Ortel and @GordonGChang, Gatestone, Newsweek, The Hill