Interviews element Didi's downfall underneath China's scrutiny, dropping $60B in worth in a single 12 months and blindsiding executives, following its $4.4B US IPO in June 2021 (Bloomberg)
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Bloomberg:
Interviews element Didi’s downfall underneath China’s scrutiny, dropping $60B in worth in a single 12 months and blindsiding executives, following its $4.4B US IPO in June 2021 — It was an unusually frigid December weekend when Cheng Wei summoned his internal circle to his Beijing workplace.
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