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DiDi Global (DIDI) IPO: What You Need To Know

Financial Concepts

Definition

Ride-hailing service DiDi Global (DIDI) made its debut on the NYSE on June 30, at $14 a share, valuing the company at $68 billion, making DiDi’s the biggest IPO of a Chinese company listed on an American exchange since Alibaba’s (BABA) in 2014, which raised $25 billion. Only a handful of other firms have had larger IPOs over the past decade, including rival ride-hailing powerhouse Uber, which had

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Common mistakes

Do not infer unobserved prices.