Mmhmm, it’s the most ridiculous story we have actually ever heard

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. Danny and Alex were on deck this week, with Grace on the recording and modify. Natasha will be back with us starting next week. So, it was old times on the program with just 2 of our team to vamp on the [ …]
Natasha will be back with us starting next week. Didi’s problems have continued this week, with the business seeing its share cost continue to fall. …

Why is Didi worth so much less than Uber?

Why is Didi worth so much less than Uber?

The Chinese ride-hailing giant appears set to be valued at a discount rate to its U.S. equivalent. By numerous tens of billions of dollars, it turns out. And we can’t rather figure out why. Why is Didi worth so much less than Uber? Didi appears set to be valued at a discount to Uber. What’s Didi worth at $13 to $14 per ADR? Utilizing a non-diluted share count, Didi is valued in between $62.3 billion and $67.1 billion. Regardless of which number you prefer, Didi is not set to challenge Uber’s own assessment….

In spite of flat development, ride-hailing colossus Didi’s United States IPO could reach $70B

In spite of flat development, ride-hailing colossus Didi’s United States IPO could reach $70B

Didi submitted to go public in the United States last night, providing a look into how the Chinese ride-hailing company’s business weathered the pandemic. Didi is approaching the American public markets at a fortuitous minute. In that vein, we’ll think about GMV outcomes, earnings growth, historic success, present-day success, and what Didi may be worth on the American markets, provided current comps. Didi is historically a company that operates in China but has operations today in more than a lots countries. Holding to simply the Chinese market, we can see how quickly Didi managed to choose itself up over the last year.

SoftBank, Uber, Tencent set to enjoy rewards from Didi IPO

After years of speculation, Didi Chuxing, China’s ridesharing behemoth, finally unveiled its IPO filing in the U.S., giving a glimpse into its money-losing history. Didi didn’t disclose the size of its raise. Reuters reported the company could raise around $10 billion at a valuation of close to $100 billion, though The Wall Street Journal cited […] …