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After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO

Home / Stock Analysis / After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO
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After Losing China, Uber’s Stake in DiDi Reaps $8 Billion in IPO

30 Jun Stock Analysis

(Bloomberg) — Five years ago, Uber Technologies Inc. bowed out of the worlds second-largest economy by selling its China business to rival DiDi Global Inc. in exchange for a stake in the company. Now, the U.S. ride-hailing company is cashing in on its…

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