Taxi company Didi Chuxing in US to stock exchange

Chinese app-driven taxi company Didi Chuxing is listed on the US stock exchange. It is not yet clear whether that will be the New York Stock Exchange or the Nasdaq.

The company may have started in China, but Didi has international ambitions. CEO Cheng Weis says about this: ‘What we have learned and built up is relevant all over the world – in Latin America, Russia and South Africa. Wherever there is a demand for affordable, safe and convenient mobility.’

The Beijing-based company reportedly wants to raise at least $100 billion from the market. When last financed in 2019, Didi was valued at $62 billion.

In addition to the US IPO, Didi would consider a secondary listing in Hong Kong in the future.

Didi’s photo


Source: Nieuws – Emerce by www.emerce.nl.

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