Chinese Ride-Hailing Company Didi Files for U.S. IPO

DD has filed for a US IPO, with a valuation close to $95 billion, making it one of the largest companies to go public in recent years. Despite past losses, the company has recently become profitable. DD is expanding internationally, competing in 15 markets, and plans to invest in market growth and technology. Major shareholders include SoftBank and Uber, with significant stakes that could yield substantial returns upon exit.

What was DD's financial status in the most recent quarter?

• It broke even.

• It reported significant losses.

• It had no financial data available.

• It was profitable.

Which markets is DD currently operating in?

• Only in Asia

• In 10 European countries

• In 15 different markets including Australia and Mexico

• Only in the US and Canada

What percentage of user proceeds is DD planning to invest in technology?

• 10%

• 20%

• 30%

• 40%

Who are the major shareholders of DD?

• SoftBank, Uber, and Tencent

• Microsoft and Apple

• Google and Amazon

• Facebook and Twitter

What is the significance of the IPO for SoftBank?

• It will lead to a loss for SoftBank.

• It will have no impact on SoftBank.

• It will result in a minor profit.

• It is expected to be a major financial gain.