China's DiDi to list on New York Stock Exchange


DiDi set a placeholder amount of US$4.6 billion for the IPO. The IPO could rake in as much as $10 billion for the company when it sets terms

DiDi Global Inc., China's largest ride-hailing company, said in a filing on Thursday it would list on the New York Stock Exchange.

The company said it would offer 288 million American Depositary Shares (ADSs) in its initial public offering (IPO). Four ADSs would represent one Class A ordinary share.

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