What were the expectations for DD's IPO in 2021?
Didi Wins Okay to Relaunch Apps
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The transcript discusses Didi's challenges with its IPO and regulatory issues in China, including a crackdown on tech companies. It highlights Didi's delisting from New York and plans to relist in Hong Kong. The narrative shifts to Ryan Cohen's involvement with Alibaba, emphasizing the challenges posed by Beijing's regulations and the potential undervaluation of Alibaba. The broader context of China's need for private sector growth post-COVID is also explored.
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What steps did the Chinese government take regarding tech companies during the COVID troubles?
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