With 377 million active users a year in China and services in 16 other countries, Didi Chuxing has been celebrated in China as a homegrown tech champion. It vanquished its American rival, Uber, and bought […]
The company still loses money, but its revenue rose 20 percent in the third quarter. Investors who want to own a piece can do so around Dec. 6. Source
“This is the first step of many, with us being a public company, and now having the opportunity to really accelerate our areas of focus,” Mr. Scaringe said Wednesday in an interview with Bloomberg Television. […]
Rivian, a maker of electric trucks and vans, is going public at a stock price that values the company at nearly $70 billion, a remarkable number that highlights the belief on Wall Street that the […]
Rivian, an electric truck maker backed by Amazon and Ford Motor, is aiming to be valued above $50 billion in its initial public offering next week. The company updated its registration documents with the Securities […]
The company, which is backed by Amazon and Ford, is seeking to sell shares in one of the biggest initial public offerings of the year. Source
China’s leading ride-hailing company, Didi, was an operation of dubious legality when it raised its first big bucket of money nearly a decade ago. And in one way or another, it has been testing the […]
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