Didi denies plans for 2025 Hong Kong IPO
Jun.18,2024

Asia Tech Wire (June 18) -- Didi, the Chinese ride-hailing giant that delisted from the New York Stock Exchange in June 2022, has denied planning a 2025 Hong Kong IPO.

This comes after The Information reported that Didi is looking to go public again in 2025, two years after it delisted from the NYSE.

The report said the company is preparing for a 2025 Hong Kong IPO as its business gradually improves, including making its pitch to U.S. investors.

In response to the rumors, Didi said on Tuesday, "The company is now focusing on continuing to deepen its main business, better serving passengers, drivers and partners, and continuously improving its product services and innovation capabilities to create long-term value for the industry and society."

"Didi has been maintaining constant communication with investors to synchronize the company's business progress, and there is currently no timetable regarding an IPO," it emphasized.

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