China’s DiDi to list on New York Stock Exchange

China’s DiDi to list on New York Stock Exchange

A Didi logo is seen at the headquarters of Didi Chuxing in Beijing, China November 20, 2020. REUTERS/Florence Lo/File Photo

June 24 (Reuters) – 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.

Backed by Asia’s largest technology investment firms, SoftBank (9984.T), Alibaba (9988.HK) and Tencent (0700.HK), DiDi is gearing up for what is expected…

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China's DiDi to list on New York Stock Exchange

 

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