Page 34 - Echo Wang News Today

4 Min Read (Reuters) - Chinese ride hailing company Didi Global Inc raised $4.4 billion in its U.S. IPO, pricing it at the top of its indicated range and increasing the number of shares sold, the company said. Didi sold 316.8 million American Depository Shares (ADS), versus the planned 288 million, at $14 apiece. This would give Didi a valuation of about $73 billion on a fully diluted basis and $67.5 billion on a non-diluted basis. The decision to increase the deal size came after the Didi inve...

Chinas Didi raises $4.4 billion in upsized U.S. IPO - sources By Echo Wang, Anirban Sen and Scott Murdoch Reuters (Reuters) - Chinese ride hailing company Didi Global Inc raised $4.4 billion in its U.S IPO on Tuesday, pricing it at the top of its indicated range and increasing the number of shares sold, according to two sources familiar with the matter. Didi sold 317 million American Depository Shares (ADS), versus the planned 288 million, at $14 apiece, the people said on condition of anon...

By Echo Wang, Anirban Sen and Scott Murdoch (Reuters) - Chinese ride hailing company Didi Global Inc raised $4.4 billion in its U.S IPO on Tuesday, pricing it at the top of its indicated range and increasing the number of shares sold, according to two sources familiar with the matter. Didi sold 317 million American Depository Shares (ADS), versus the planned 288 million, at $14 apiece, the people said on condition of anonymity ahead of an official announcement. This would give Didi a valuati...

2 Min Read (Reuters) -Infrastructure software startup Confluent Inc said on Wednesday it had sold shares in its U.S. initial public offering (IPO) above its target range to raise $828 million. Confluent priced 23 million shares at $36 per share. The company had previously priced its share between $29 and $33 apiece. The IPO values Confluent at $9 billion. There have been a flurry of major tech listings as a number of startups look to capitalize on the sky-high investor demand for new, high-grow...

Doximity Inc was valued at over $7 billion in its market debut on Thursday as its shares opened more than 58% above their offer price, indicating investor confidence in healthcare-focused technology...

Chinas Full Truck Alliance targets over $20 billion valuation in U.S. IPO 06/15/2021 | 05:54pm EDT Send by mail : Message : Required fields (Reuters) -Chinas Full Truck Alliance Co Ltd (FTA) said on Tuesday it is aiming for a valuation of over $20 billion in its U.S. initial public offering, marking another high-profile Chinese stock market listing in New York this year. FTA, which styles itself as "Uber for trucks" and is more popularly referred to as Manbang in China, said it is offering 82.5...

Didi Chuxing, China's biggest ride-hailing firm, on Thursday made public the filing for its long-anticipated U.S. stock market listing, setting the stage for what is expected to be the world's biggest initial public offering this year.

Didi Chuxing, China's biggest ride-hailing firm, on Thursday made public the filing for its long-anticipated U.S. stock market listing, setting the stage for what is expected to be the world's biggest initial public offering this year.

Read more about Chinas Didi reveals US IPO filing, all set for blockbuster New York float on Business Standard. Didi could raise around $10 billion and seek a valuation of close to $100 billion

Chinas Didi reveals U.S. IPO filing, sets stage for blockbuster New York float By Anirban Sen, Ankit Ajmera and Echo Wang Reuters (Reuters) -Didi Chuxing, Chinas biggest ride-hailing firm, on Thursday made public its filing for a U.S. stock market listing, setting the stage for what is expected to be the worlds biggest initial public offering this year. The company - backed by Asias largest technology investment firms, SoftBank, Alibaba and Tencent - did not reveal the size of the offering, but...