Logo 22 Feb 2023

Opening the ride-hailing IPO door

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Ride-hailing IPOs could be back in vogue again.
On Monday, Bloomberg reported that Chinese ride-hailing startup Dida (that's Dida, not Didi) is considering an IPO on the Hong Kong Stock Exchange (SEHK) to raise USD 200 million.
Background: Dida tried to IPO in Hong Kong in October 2020, extending th...