China’s Troubled Ride-Hailing Giant Didi Reveals $4.7 Billion Loss Ahead Of Hong Kong Listing
By Tyler Durden, This year, China’s troubled ride-hailing giant Didi has had a clouded outlook as Chinese regulators crackdown on its consumer data, leading to an upcoming delisting from US exchanges. The company plans to list in Hong Kong next year, but today’s new filing revealed a $4.7 billion loss in the third quarter. Didi has been […]
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