Didi (DIDI) IPO Drifts Lower after Strong Open

IPO for China Ride-Sharing Leader Didi (DIDI) Opens 19% Higher

June 30, 2021 12:47 PM EDT

Today's IPO for China ride-sharing leader Didi Global (NYSE: DIDI) opened for trading at $16.65 after pricing 317 million American Depository Shares (ADS) at $14.

Goldman Sachs (Asia) L.L.C., Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC are acting as active joint... More

Didi (DIDI) IPO now indicated to open $16.50-$17 after pricing at $14

June 30, 2021 12:41 PM EDT

Didi (NYSE: DIDI) IPO now indicated to open $16.50-$17 after pricing at $14.

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Didi (DIDI) IPO now indicated to open at $15.75-$16.25 after pricing at $14

June 30, 2021 11:42 AM EDT

Didi (NYSE: DIDI) IPO now indicated to open at $15.75-$16.25 after pricing at $14

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China's Didi worth $68 billion after U.S. debut

June 30, 2021 11:29 AM EDT

By Noor Zainab Hussain, Echo Wang and Yilei Sun

(Reuters) -Didi Global Inc shares ended their first day of U.S. trading slightly over their initial public offering (IPO) price, valuing the ride-hailing giant at $68.49 billion in the biggest U.S. listing by a Chinese company since 2014.

The stock market debut vindicated Didi's decision to moderate its valuation expectations, after investors raised concerns over the pace and profitability of its expansion in new services and foreign markets. Reuters reported in March that Didi was hoping the IPO could value it at as much as $100 billion.

SoftBank-backed Didi's... More

UPDATE: Didi (DIDI) IPO indicated to open at $15-$16 after pricing at $14

June 30, 2021 11:19 AM EDT

(Updated - June 30, 2021 11:20 AM EDT)

Didi (NYSE: DIDI) IPO indicated to open at $15-$16 after pricing at $14

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Didi raises $4.4 billion in upsized U.S. IPO

June 30, 2021 8:08 AM EDT

HONG KONG (Reuters) - Chinese riding hailing giant Didi Global Inc raised $4.4 billion by pricing its shares at $14 each in its upsized New York initial public offering on Wednesday.

Didi sold nearly 316.8 million American Depository Shares (ADS), versus the planned 288 million.

(Reporting by Scott Murdoch and Noor... More

DiDi Global Inc. (DIDI) Prices 316.8M ADS IPO at $14/ADS

June 30, 2021 8:01 AM EDT

DiDi Global Inc. (NYSE: DIDI), the worlds leading mobility technology platform, today announced the pricing of its initial public offering of 316,800,000 American Depositary Shares (ADSs), each four ADSs representing one Class A ordinary share of the Company, at a price to the public of US$14.00 per ADS for a total offering size of US$4.4 billion, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on the New York Stock Exchange on June 30, 2021, under the symbol DIDI. The closing of the offering is expected to occur... More

Didi (DIDI) Prices IPO at $14 Per Share, Valued at $67 Billion After Selling More Stock Than Planned to Raise $4.4 Billion

June 30, 2021 6:24 AM EDT

Didi Global Inc., the largest Chinese ride-hailing company, has sold more shares than initially planned to collect $4.4 billion from todays IPO.

Didi sold 317 million American Depository Shares (ADS), versus an originally expected 288 million.

Didi sold shares at the higher end of a range - $14 per share -... More