China’s Didi Chuxing Technology Co., one of the world’s largest ride-hailing companies, is holding discussions about a multibillion-dollar initial public offering that could happen as soon as this year, according to people familiar with the…
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Multibillion-dollar IPO for Chinese ride-hailing giant Didi could happen this year
The Beijing-based company has in recent weeks been in talks with … the people familiar said. It isn’t clear whether an IPO will happen this year, and Didi hasn’t decided on a listing venue, they…
US brands suffer collateral damage in Chinese corporate war
The executives spoke to the AP only on condition of anonymity for fear of reprisals, but their concerns were echoed by a U.S. industry group, brand consultants and policy makers in China and JD.com itself.…
WSJ: Chinese Uber Competitor Didi Chuxing Seeks $80 Billion IPO
Didi has accelerated talks on a potential IPO partly because its new rival China’s Meituan … Didi on Tuesday laid out plans at an event in Beijing for an alliance with 31 auto industry partners…
Worrying signs China is moving backward on reforms, warns U.S. official
“From the U.S. perspective, China’s WTO commitments reflect somewhat of a broken contract,” Tong told a packed audience of business professionals and media. “Perhaps most worrisome, actually, is the sense we have in the United…
China’s Didi in talks for IPO as early as this year: WSJ
(Reuters) – Chinese ride-hailing company Didi Chuxing is in talks for a multi-billion-dollar initial public offering that could take place as early as this year, The Wall Street Journal reported on Tuesday, citing people familiar…
Chinese Ride-Hailing Giant Hits Accelerator on Talks for Potential IPO
China’s Didi Chuxing Technology Co., one of the world’s largest ride-hailing companies, is holding discussions about a multibillion-dollar initial public offering that could happen as soon as this year, according to people familiar with the…
Why One Fool Bought the iQiYi IPO on the Very First Day
In this segment of the MarketFoolery podcast, host Chris Hill and Million Dollar Portfolio’s Matt Argersinger reflect on the recently IPO’d iQiYi (NASDAQ:IQ), which Baidu spun off. Essentially, this was China’s Google hiving off China’s…
Tencent Music Plans IPO; Valuation Could Exceed $25 Billion
Tencent Music Entertainment Group, China’s largest music-streaming company, is preparing what would be one of the biggest technology IPOs ever following the successful debut of its European counterpart, Spotify Technology SA. The digital-music business ……
China’s Spotify Prepares For Tech Industry’s Biggest IPO Ever
Heralded the ‘Spotify of China’, dominant Chinese music streaming company, Tencent Music, is reportedly preparing for an IPO – an event forecast to be the biggest tech IPO in history yet. The news follows the…
Tencent Music plans IPO for second half of 2018
[Photo/IC] Tencent Music Entertainment Group, China’s largest music-streaming company … considered the latest sign the IPO market is gaining steam. Tencent Music’s offering could value the business in excess of $25 billion, a sharp jump…
iQIYI And Chill: The ‘Netflix Of China’ Can Be Your Next Multibagger
iQIYI (IQ) – a spin-off from the “Google of China” Baidu (BIDU) that just raised $2.25 billion in its March 2018 IPO – is a leader in mainland China’s online video market. Its paying subscribers…
A China-US trade war could hurt the IPO market for a time: EY
A potential trade war between the world’s top two economies may affect the initial public offering market in the short term, Ringo Choi, the Asia Pacific IPO Leader of EY told CNBC on Wednesday. But…
