Chinese ride-hailing company Didi raises $4.4 billion in US IPO
The companyhad planned on selling 288 American Depository Shares (ADS), but sold 316.8million, at $14 apiece
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Published - Jun 30, 2021, 07:14 PM ET
Last Updated - Feb 09, 2024, 01:53 PM EST
By Shubhangi Mathur, 1:41 PM ET
Didi Global Inc,(DIDIY) the Chinese ride hailing company, raised $4.4 billion in its US IPOselling more shares than planned, the company said.
The companyhad planned on selling 288 American Depository Shares (ADS) , but sold 316.8million, at $14 apiece.
Didi nowhas a valuation of about $73 billion on fully diluted basis and $67.5 billionon a non-diluted basis.
