Timeline: how Didi forced its way from Beijing to New York – and ended up in Hong Kong

//Timeline: how Didi forced its way from Beijing to New York – and ended up in Hong Kong

Timeline: how Didi forced its way from Beijing to New York – and ended up in Hong Kong

Chinese ride-hailing giant Didi Chuxing said on Friday that it will start the process of delisting from the New York Stock Exchange and move forward with plans for a Hong Kong initial public offering (IPO).Beijing-based Didi was founded in 2012 by Alibaba alumnus Cheng Wei, who owned 7 per cent of the shares and controlled 16.2 per cent of its voting power ahead of the New York listing.In recent years, the company has emerged as a tech giant that dominates China’s ride-hailing market, receiving…

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By | 2021-12-03T09:00:24+00:00 December 3rd, 2021|Business|Comments Off on Timeline: how Didi forced its way from Beijing to New York – and ended up in Hong Kong