Everything you need to know about Chinese ride-sharing giant Didi’s IPO Fortune 10 hrs ago © Simon Song South China Morning Post/Getty Images
One of the year’s most anticipated IPOs is upon us: Didi Global, the Beijing-based transportation app that dominates ride-hailing in its home country of China, is set to make its debut as a publicly traded company on the U.S. stock market on Wednesday.
Didi’s New York listing has been years in the making, with rumors of a U.S. IPO swirling over the past five years. The company finally filed a prospectus with U.S. regulators earlier this month and with its public offering reportedly priced on Tuesday, it appears all systems go for the latest Chinese behemoth to tap the U.S. market.
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