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

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

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Business

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Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of user proceeds will be used towards investing in technology?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact would exits have for SoftBank regarding its investment in DD?

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