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DIDIY / China fast-fashion retailer files for U.S. IPO: report

Shein, a large online fast-fashion retailer based in China, has filed for an initial public offering, Reuters reported on Thursday, citing people familiar with the matter. Reuters said the submission was confidential, and that the company, worth more than $60 billion, could begin trading before the end of the year, potentially marking the most valuable company in China to debut on a U.S. exchange since ride-hailing Didi Global DIDIY, -0.33%, which was later delisted. Read More

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DIDIY

Posted: Jun 29 2023, 12:54

Author Name: Market Watch

DIDIY News

By TechCrunch
October 12, 2023

Didi's autonomous vehicle arm raises $149M from state investors

When Didi created an autonomous vehicle subsidiary in 2020, the venture was seen as a Chinese counterpart to Uber's AV unit. The tides of change have

By Seeking Alpha
August 30, 2023

XPeng: Investors Overreact To DiDi Deal

XPeng announced that it is acquiring DiDi Global's smart vehicle unit for $744M and that it will develop a new low-price EV brand in FY 2024. The glob

By Yahoo Finance
August 28, 2023

Xpeng to buy Didi's smart car business for $774 million

Chinese EV company Xpeng (XPEV) announced that it will be buying Didi's smart car unit in a deal worth up to $774 million. Yahoo Finance Reporter Pras

By Proactive Investors
August 28, 2023

Xpeng to acquire Didi's electric car development business for $744M

Chinese electric vehicle (EV) manufacturer Xpeng Inc (NYSE:XPEV) has announced a major acquisition, striking a deal worth up to $744 million to purch

By InvestorPlace
August 28, 2023

XPEV Stock Alert: XPeng Surges on Huge DiDi Deal

XPeng (NASDAQ: XPEV ) stock rose 8% on Aug. 25 and another 5% over the weekend after announcing it will buy smart EV assets from China's DiDi Global

By Bloomberg Markets and Finance
August 28, 2023

Xpeng to Buy Didi's Smart Auto Unit in $744 Million Deal

Xpeng Inc. agreed to buy Didi Global Inc.'s smart-car development arm in an all-stock deal that will see Didi emerge with a 3.25% stake in Xpeng. Bria

By CNBC
August 28, 2023

Chinese EV startup Xpeng shares soar after announcing $744 million deal with Didi

Chinese electric car company Xpeng has signed yet another joint car production deal.

By Market Watch
August 27, 2023

EV maker XPeng announces strategic partnership with Didi, shares rise in Hong Kong

XPeng's shares rose sharply in Hong Kong after the electric-vehicle maker announced a strategic partnership with ride-hailing giant DiDi Global.

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