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Patrick Boyle On Finance — China cracks down on Didi days after IPO
Scout ratingSCOUT· 68%7m·2021-07-05·Money

China cracks down on Didi days after IPO

Patrick Boyle On Finance

Send us a textDiDi is a Chinese Ride Hailing app that raised $4.4bn in its listing on the New York Stock exchange this Wednesday. This was the biggest Chinese listing in the US since Alibaba listed seven years ago. The stock initially rallied, then two days later news broke that the Chinese regulators are…

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